Multiple choice

The payment of Rs. 1,650 is received as direct cash from our customer, but is entered in the debit side of bank column as Rs. 1,560. How will you rectify this mistake in the Two - Columnar Cash Book?

  1. Rs. 1,650 is entered in the debit side of cash column and Rs. 1,560 is entered in the credit side of cash column.

  2. Rs. 1,650 is entered in the credit side of bank column and Rs.1, 560 is entered in the debit side of cash column.

  3. Rs. 1,560 is entered in the credit side of cash column only.

  4. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

None of these is correct.