Multiple choice

The cash column of the Two - Columnar Cash Book has been overcast by Rs. 2,100 from the receipts side. How to make amendments in the Two - Columnar Cash Book to rectify this mistake?

  1. Rs. 2,100 is entered in the credit side of cash column.

  2. Rs. 2,100 to be entered in the debit side of Cash Column

  3. Rs 2,100 to be entered in the credit side of Bank Column

  4. Rs 2,100 to be entered in the debit side of Bank Column
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A Correct answer
Explanation

This is correct. The receipts side is the debit side of cash column or bank column. Hence, if the cash column is overcast by Rs. 2,100 it means that Rs. 2,100 is shown in excess in the debit side. Therefore, Rs. 2,100 is to be entered in the credit side of cash column to nullify the mistake made.

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