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Question

Rs 5,000 deposited in bank account was entered twice in the cash book. Identify the correct adjustment in cash book.



A

Rs 5,000 shall be credited in cash book

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B

Rs 5,000 shall be debited in cash book

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C

Rs 10,000 shall be credited in cash book

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D

Rs 10,000 shall be debited in cash book

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Solution

The correct option is A

Rs 5,000 shall be credited in cash book


The amount has been twice debited in cash book and hence it shall be once credited.


Accountancy

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