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Question

Q.12. Total of payment side of Cash Book is undercast by Rs. 2,500. If credit balance of Pass Book is given as basis, how it will shown in Bank Reconciliation Statetment?

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Solution

Dear Student,

When payment side of Cash book is understated by Rs 2,500 then while preparing BRS when credit balance as per Pass Book is the basis then Rs 2,500 would be added/shown under plus column to bring the amount in lieu with Cash Book as understated payment results into showing up a positive balance;

​Regards,

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