Sail E0 Webinar
Question
The cash book shows a debit balance of 2,370 but bank statement gives a different figure. The difference found are a Cheque for Rs 700 paid to creditors is not entered in the bank pass book. What shall be done to cash book in this case?
Options:
A .  Rs 700 shall be added
B .  Rs 700 shall be subtracted
C .  Rs 1,400 shall be added
D .  Rs 1,400 shall be subtracted
Answer: Option A
:
A
Rs 700 shall be added to cash book as the same transaction is not appearing in bank pass book.

Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers