Skip to content

CA Foundation doubt

Check a mounting to 630000 which were issued to trade payables and entered in the cash book before 30 December 2022, were not presented for payment untilled that date ? Doubt ------- Ye adjusted cash

Asked by Vibhav20 Apr 2024790 views

4 answers

  1. Vibhav · 20 Apr 2024

    Okay thank u so much Naina ji I understand ☺️

  2. Vibhav · 20 Apr 2024

    Definitely you are right but the books mein hamari Jo entry de rakhi hai vah ho rakhi hai directly bank reconciliation statement mein jabki mere according to ise Jana chahie tha adjusted cash book mein kyunki yah hamari galti thi yaha smjh nhi aarha hai can u explain please

  3. Kusum · 20 Apr 2024

    In adjusted cash book we record those transactions which are recorded by bank and not by us and errors commited by (to rectify it)

  4. Kusum · 20 Apr 2024

    Because the transaction has been recorded by us but not by bank

Free app · 5 lakh+ learners

Ask your doubt in the Studycaller app

Read full notes, ask doubts, follow toppers and track your study hours — free on Android and iPhone.