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Bank Reconciliation Statement — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountBank Reconciliation Statement1 Mark
MCQ
Current account shows $₹ 1,000$ as overdrawn. When bank statement is received, it was identified that one of debtors has deposited $₹ 400$ into the account and bank charges of $₹ 20$ had been debited to the account. Bank Statement balance is:
  • A
    $₹ 1,420 (Dr.)$
  • ✓
    $₹ 620 (Dr.)$
  • C
    $₹ 4,300 (Cr.)$
  • D
    $₹ 1,700 (Dr.)$
✓

Answer

Correct option: B.
$₹ 620 (Dr.)$

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