Amit Mishra & Associates Article Assistant Interview Questions and Answers

The amount shown in the trial balance will be 1000.

• The trial balance includes the balances from the cash book and other ledger accounts.

• The amount shown in the cash book represents the actual cash balance.

• The amount shown in the pass book represents the bank balance.

• Bank reconciliation statement helps identify the differences between the cash book and pass book balances.

• In this case, the difference is 500 (1500 - 1000)...read more