Use the following information to answer questions below
$ | |
Cash book balance (credit) | 750 |
Uncredited cheques | 500 |
Unprecedented cheques | 1680 |
Direct credit | 300 |
Bank charges | 150 |
Balance as per bank statement is
$580 Cr.
$430 Dr.
$430 Cr.
$1,480 Cr.
Correct answer is C
Balance as per bank statement = 300+ 1680 - 500
= 1480
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