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

Correct answer is B

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