Prepare Bank Reconciliation Statement of Sai Ram Traders
Cheque of Rs 3,700 issued and cashed but omitted to be recorded in the Cash Book.
What is the meaning of this question? Is the checque issued by SaiRam Traders or their creditorrs?
Hey,
Cheque of Rs 3,700 issued and cashed but omitted to be recorded in the Cash Book. This adjustment implies that the cheques worth of Rs 3,700 were issued by Sai Ram Traders to its creditors and these cheques were also presented in the bank for the payment but it is omitted to be recorded in the Cash Book.
Hope this clarifies your doubt.
Keep Posting!!!
Cheque of Rs 3,700 issued and cashed but omitted to be recorded in the Cash Book. This adjustment implies that the cheques worth of Rs 3,700 were issued by Sai Ram Traders to its creditors and these cheques were also presented in the bank for the payment but it is omitted to be recorded in the Cash Book.
Hope this clarifies your doubt.
Keep Posting!!!