Cash book Dr Rs 30,000; bank charges Rs 200 not yet entered. Correct balance?
ARs 29,000
BRs 30,000
CRs 30,200
DRs 29,800
Answer & Solution
Correct answer: D. Rs 29,800
Charges debited by the bank reduce the firm's balance, so 30,000 - 200 = 29,800.
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