CBSE Class 11-commerce Answered
What is meant by
adjusted balance of the cash book and when is it prepared?
Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
Expert Answer
Most of the transaction items which normally cause difference between the cash book balance and the pass book balance as it appear only in the passbook. Such items are first recorded in the cash book. All the errors which are committed in the cash book are also rectified. Then the cash book is totaled and the new balancing figure is calculated. This is the adjusted balance of the cash book. This balance is then used to prepare the bank reconciliation statement.
Answered by | 18 Jul, 2016, 06:09: PM
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 01 Jul, 2016, 03:14: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 04 Jul, 2016, 08:16: AM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
ANSWERED BY EXPERT