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Section C: (2Q* 3 Marks = 6 MARKS) (Suggested time 64 minutes) Instruction: Answer all the questions. iestion 1: 3 Marks The cash book balance
Section C: (2Q* 3 Marks = 6 MARKS) (Suggested time 64 minutes) Instruction: Answer all the questions. iestion 1: 3 Marks The cash book balance of Mr. Ibrahim Balushi shows a balance which does not correspond to his balance in his Bank statement. Show what would be the effect of the following transactions when you are moving from the cash book balance to the balance in the Bank statement. I. Cheques issued worth OMR 2,480 were entered in the Cash book but not in the Bank statement. Cash Book Bank statement Effect ladd : 2480 less more + II. Cheques deposited by him worth OMR 1,215 were entered in the Bank statement but not in the Cash book. Effect Cash Book Bank statement add: 1, 215 less more 8|Pa
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