Credit side of cash book bank column cast short Explain it in BRS as per pass book balance.
Answers
Answer:
It should be less
Explanation:
Bank Reconciliation Statement
Explanation:
A bank reconciliation statement is an announcement arranged by associations to accommodate the balance of money at bank in an organization's very own records with the bank and detailed explanation of bank statements on a specific date.
In this manner, on credit side of Cash Book bank section costs are recorded, when credit side of the Bank Column in the Cash Book is casted short it implies that the Balance according to Cash i.e. Book bank Column is more than the Balance appeared according to Pass Book therefore causing the credit side of the cash book show less than the debit side.
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