Accounting · Bank Reconciliation Statement
A firm provides the following data for reconciliation: • Overdraft as per Cash Book: ₹1,20,000 • Checks issued but not presented: ₹35,000 • Checks deposited but not cleared: ₹48,000 • Interest on overdraft debited by bank: ₹4,500 • Direct deposit by a customer: ₹12,000 What is the overdraft balance as per the Passbook?
- 11,25,500✓
- 21,14,500
- 31,45,500
- 41,32,500
Correct answer
1,25,500
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