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?
A. 3,000 overdraft
B. 3,000 favourable
C. 1,000 overdraft
D. 1,000 favourable
Answer:B
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?
A. 3,000 overdraft B. 3,000 favourable C. 1,000 overdraft D. 1,000 favourable