Multiple choice

S issued cheque worth Rs. 35,000 in March 2013 out of which cheques worth Rs. 15,000 were presented for payment after by 31st March, 2013. What amount should be added to balance as per pass book?

  1. Rs. 15,000

  2. Rs. 10,000

  3. Rs. 25,000

  4. None of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Amount deducted when cheques presented = Rs. 35,000 Rs. 15,000 cheques were not presented before the closing of the month, so Rs. 15,000 will be added back.   

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