In arriving at adjusted cash balance which of the following is not taken into account:
- a)Amount deposited by our customer directly in our account
- b)Errors in the cash Book.
- c)Errors in the pass book
- d)All of these
Correct answer is option 'C'. Can you explain this answer?
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Answers
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Siddhant Tiwari
Jul 19, 2021 |
Because cash balance is the cash column of cash book and it is not related to pass book this is why error in pass book not required with cash balance
Because cash balance is the cash column of cash book and it is not related to pass book this is why error in pass book not required with cash balance
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Because cash balance is the cash column of cash book and it is not related to pass book this is why error in pass book not required with cash balance
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