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 If we take balance as per Pass book which of the following will be deducted to get balance as per cash book :
  • a)
    Interest given by bank
  • b)
    Interest charged by Bank
  • c)
    Cheque deposited but not cleared
  • d)
    payment made by bank under standing instructions
Correct answer is option 'A'. Can you explain this answer?
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If we take balance as per Pass book which of the following will be deducted to get balance as per cash book :a)Interest given by bankb)Interest charged by Bankc)Cheque deposited but not clearedd)payment made by bank under standing instructionsCorrect answer is option 'A'. Can you explain this answer?
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