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Cash book Rs 40,000; bank paid premium Rs 2,400 and rent Rs 6,000. Passbook?
ARs 34,000
BRs 37,600
CRs 48,400
DRs 31,600
Answer & Solution
Correct answer: D. Rs 31,600
Standing-instruction payments total 8,400 and lower the bank balance: 40,000 minus 8,400 is 31,600.
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