Use the following information to answer the question below
$ | |
Cash book balance (credit) | 750 |
Uncredited cheques | 500 |
Unpresented cheques | 1680 |
Direct credit | 300 |
Bank charges | 150 |
A. $ 580 Cr.
B. $ 430 Dr.
C. $ 430 Cr.
D. $ 1,480 Cr.
Correct Answer:
Option C – $ 430 Cr.
Explanation
Balance as per bank statement = 300+ 1680 – 500
= 1480
Veterinary medicine is the branch of medicine that deals with the prevention, diagnosis, and treatment…
Anthropology is the scientific study of human beings and their cultures. It encompasses a wide…
Sociology is the scientific study of human society, culture, and behavior. It examines the social…
Social Work is a profession dedicated to helping individuals, families, and communities to cope with…
Religious studies is an academic discipline that explores the beliefs, practices, and history of various…
Public administration is the field of study and practice that focuses on the organization and…