Give two examples of errors committed by the bank in recording transactions in the passbook.

Asked by Topperlearning User | 15th Jul, 2016, 04:31: PM

Expert Answer:

Errors committed in recording transactions by the bank:

  1. Bank wrongly credited Rs.200 to the customer’s saving account instead of his/her current account.
  2. The payment of a cheque of Rs.500 was recorded twice in the passbook.

Answered by  | 15th Jul, 2016, 06:31: PM