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Can we make a direct brs as balance as per cash book and passbook are given in illustration 5 of x Video Details ------------- Accounting - CA Foundation (New) Bank Reconciliation Statement #10. Illustration - Mr. X
Answers (3)
No, as the balance in the cashbook given is not correct. There are some adjustments to arrive correct cash balance. In question also it is asked to find the cash balance after adjustments. If there are no adjustments and the correct cash book balance is given then you can make a direct BRS