Question

bank charges amounting to rs.580 had not been entered in the cashbook.​

Answer 1

Answer:

Bank charges will be debited in cash book.

Explanation:

All the cash and cheque payments and bank charges should be recorded on the expenditure page. In this example there are 5 main columns on the expenditure page: Cheque number: the actual number of the cheque, not the amount. Date of each cheque.