Multiple choice

The salary of Rs. 10,000 paid by cheque is entered in credit side of Cash Column of Two-Columnar Cash Book. How will you rectify it in the cash book?

  1. Rs. 10,000 is to be entered in the credit side of bank column only.

  2. Rs. 10,000 is to be entered in the credit side of the bank column, and Rs. 10,000 is to be entered in the debit side of cash column.

  3. Rs. 10, 000 is to be entered in the credit side of bank column only.

  4. Rs. 10,000 is to be entered in the credit side of cash column, and Rs.10, 000 is to be entered in the debit side of bank column.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

It is correct. Rs. 10,000 is credited to the bank column because it is not credited earlier. Rs. 10, 000, which was entered by mistake in the credit side of cash column, will be debited to cash column to rectify it.

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