prepare the BRS of Bill receivable for 500 5500 discount with the bank is entered in the cash book without recording the discount charges of 2 70 rupees
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Answer:
credit the cash book with ₹270
Explanation:
because due to recording of bill receivable amount without deducting discount will overcast the debit side of cash book by ₹270. so to make this correct you have to credit the cash book with ₹270.
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