Question
Company’s cash book shows ₹1,20,000 (C
- R as at year-end. Bank statement shows ₹1,05,000 (C
- R . Outstanding cheques total ₹20,000 and deposits-in-transit stand at ₹10,000. Additionally, bank charged ₹2,000 as service charges not yet recorded in books. Determine the corrected cash book balance at year-end.
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