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Bank Reconcilation

Accountancy

A quarry only What is adjusted cash book


Jaswant Vyas

Jaswant Vyas

CA Foundation

325

27-Jan-22 00:25

442

Answers (1)

Cash book which adjusts all the errors (in correct entries in cash book) and omissions (bank or interest charges directy charged by bank, dishonoured cheque which was not shown in cash book, direct / receipt or payment by bank). Basically BRS in such situations will only show timing differeneces and the effect of errors in pass book.


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