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Find out the Bank Balance as per Cash Bo...

Find out the Bank Balance as per Cash Book from the following particulars:
(i) Overdraft as per Pass Book = ₹5,000
(ii) Cheques deposited into the bank but not credited = ₹2,000

A

Favourable Balance = ₹ 3,000

B

Overdraft = ₹ 7,000

C

Favourable = ₹7,000

D

Overdraft = ₹7,000

Text Solution

Verified by Experts

The correct Answer is:
B
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