Question

Debit side of cash book is undercast with explanation and reasons​

Answer 1

Debit Balance of Cash Book means Favourable Balance of Cashbook. Undercasting of debit balance means undercasting of receipts. Accordingly, the amount would be added in BRS. It would be great if you can help us with a numerical where you came across this transaction so as we can help you understand in an even better manner.casting (totaling) errors in a journal are called error of casting. Now, total of the column can be taken has less than the actual total or more than it. if the total made by us is less than the actual total then it is said to be short-casted or under-casted and if the total made by us is more than the actual total then it is said to be over-casted.