The cash book shows a debit balance of Rs 80,000. Unpresented cheques are Rs 12,000, deposits not yet credited are Rs 9,000 and unrecorded bank charges are Rs 400. What is the balance as per the bank statement?
Correct answer A. Rs 82,600
Explanation
Starting from the cash book: add unpresented cheques, deduct uncredited deposits and deduct bank charges: 80,000 + 12,000 - 9,000 - 400 = Rs 82,600.
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