A cheque received from Ramesh of Rs 20,000 to whom the goods were sold on credit was dishonoured. Which of the following accounts shall be effected after preparation of Bank Reconciliation?

Bank column of cash book

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Cash column of cash book

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Account of Ramesh in our books

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Both A & C

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Solution

The correct option is D
Both A & C

While preparation of BRS, Ramesh's account in our books shall be debited and bank account in the books shall be credited.

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A cheque received from Ramesh of Rs 20,000 to whom the goods were sold on credit was dishonoured. Which of the following accounts shall be effected after preparation of Bank Reconciliation?

The correct option is D Both A & C While preparation of BRS, Ramesh's account in our books shall be debited and bank account in the books shall be credited.

The correct option is D
Both A & C

While preparation of BRS, Ramesh's account in our books shall be debited and bank account in the books shall be credited.