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