Use the following information to answer questions below
$
Cash book balance (credit) 750
Uncredited cheques 500
Unpresented cheques 1680
Direct credit 300
Bank charges 150
The adjusted cash book balance is
  • A $ 600 Cr
  • B $ 300 Cr
  • C $ 900 Cr
  • D $ 1,200 Cr

The correct answer is B. $ 300 Cr

Adjusted cash book balance

Dr side = 750

Cr side = 300 + 150

= 450

Bal c/d = 750 - 450

= 300 Cr since the debit side exceed the credit side

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