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The credit balance as per Cash Book is ₹...

The credit balance as per Cash Book is ₹1,500. Cheques for ₹400 were deposited but were not collected. The cheques issued but not presented were ₹100, ₹125 and ₹50. Balance as per Book will be :

A

₹1,100 Debit

B

₹1,625 Debit

C

₹2,175 Credit

D

₹1,625 Credit

Text Solution

Verified by Experts

The correct Answer is:
B
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