Multiple choice

When the balance as per cash book and pass book is the same, it means that

  1. there is definitely no error in the two books.

  2. there is no error in the cash book.

  3. there is no error in the pass book.

  4. there may still be some error in the two books.

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

There may still be some error which may have been compensated and the balance in the two books is the same.