Multiple choice

While preparing a Bank Reconciliation Statement taking the balance as per Cash Book as the starting point. An under cast of withdrawal column in pass book is

  1. added

  2. subtracted

  3. not required to be adjusted

  4. none of these
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A Correct answer
Explanation

 An under cast of withdrawal column in pass book means the withdrawal side of the pass book is recorded short, therefore to match the Cash Book with the Pass book, we will add the same amount to Cash book.

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