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Question
Balance as per bank statement is ₹ 1, 000. Cheque deposited, but not yet credited by the bank is ₹ 2, 000. What is the balance as per bank column of the cash book?
Options
₹ 3,000 overdraft
₹ 3,000 favourable
₹ 1,000 overdraft
₹ 1,000 favourable
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Solution
₹ 3,000 favourable
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