Page. No.164 illustration 9
adjustment. 9. the balance forward should have been Rs .639
But in the solution while preparing amended cash book.......Rs. 450... is debited aadj.of balance brought forward. Is it a a clerical mistake.....
what is the meaning of the adjustment . Pls clarify the doubts. What is the correct adjustment.
Hi Retheeshp
There is a misprint in the book, the adjustment should have been:
'Balance brought forward should have been Rs 6,399'
So, Rs 450 (6,849 - 6339) is written on the debit side of Amended Cash Book.
For explanation of the adjustment, you may follow the link given below:
https://www.meritnation.com/ask-answer/question/how-do-we-record-9-balance-brought-forward-should-have-be/bank-reconciliation-statement/9686859
Hope this clarifies your doubt!!
There is a misprint in the book, the adjustment should have been:
'Balance brought forward should have been Rs 6,399'
So, Rs 450 (6,849 - 6339) is written on the debit side of Amended Cash Book.
For explanation of the adjustment, you may follow the link given below:
https://www.meritnation.com/ask-answer/question/how-do-we-record-9-balance-brought-forward-should-have-be/bank-reconciliation-statement/9686859
Hope this clarifies your doubt!!