Question: JUST NEED OPTION no need explain NO need for explanation i will rate you Salman and sons Traders LLC sold OMR 4500 goods to Mr
JUST NEED OPTION
no need explain
NO need for explanation
i will rate you
Salman and sons Traders LLC sold OMR 4500 goods to Mr Omar and collected cheque for the same amount. Before this transaction, as per the bank statement, the cash balance in the bank account was OMR 4500 and the same balance was found in cash ledger of the company also. The company deposited the cheque in the bank but the bank not yet credited that amount in company's bank account because of (Non-sufficient funds) NSF. What will be the effect of the above transaction on cash book balance and bank statement balance? e a. None of the given options b. Bank statement balance will show OMR 4500 more and cashbook balance will show OMR 4500 less e Company's cashbook balance will show OMR 4500 more and bank statement balance will show OMR4500 less a. Both cashbook balance and bank statement balances will show same balance Next page
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