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On 31 March the Pass book of BAC LLC reported balance of RO 4750. Cheques deposited in bank awaiting clearance were RO 6,400 and the
On 31 March the Pass book of BAC LLC reported balance of RO 4750. Cheques deposited in bank awaiting clearance were RO 6,400 and the value of cheques issued but not yet presented in the bank was RO 5,480. There was a credit in the bank for insurance claim amounting to RO 1,500 and debit was made for the Loan instalment for RO 2,500. The balance as per the cash book is. a. RO 2830 overdraft b. Ro 3830 C. RO 1920 d. RO 8170 8:32 PM Petty cash fund had an opening balance of RO 400. During the month the receipts were RO 90 petrol, RO 100 office stationery, RO 110 staff welfare and RO 60 travelling and there was RO 45 left in the petty cash box. The amount required to refill the fund will be. a. RO 375 b. RO 335 C. RO 355 d. RO 345 8:32 PM
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