Multiple choice

If Rs. 10000 deposited in bank account was mistakenly entered twice in the cash book, what will be the correct adjustment in the cash book?

  1. Rs. 10000 will be credited to the cash book.

  2. Rs. 10000 will be debited from the cash book.

  3. Rs. 20000 will be credited to the cash book.

  4. Rs. 20000 will be debited from the cash book.

  5. No adjustment is required.
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A Correct answer
Explanation

Rs 10000 will be credited in cash book as the entry has been made twice. So to balance the amount, credit entry of the same amount needs to be made.

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