a bill for rs5500 discounted with the bank is entered in the cash book without recording the discount charge of rs 270 .. prepare BRS ... why 270 is in minus column ?? help plz :)

Thumbs-up to the answer provided by R C Gupta.

  • 3
because 270 are more in cash book than passbook or say 270 are less in passbook
  • 14
and if balance of cash book is given we have to do as done in passbook, so it will be a minus item.
  • -2
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