A direct collection of a dividend by the bank on behalf of the customer, not recorded in the Cash Book, will require:
A. No adjustment in BRS
B. Deduction from Pass Book balance to reach Cash Book balance
C. Deduction from Cash Book balance
D. Addition to Pass Book balance to reach Cash Book balance
Answer: Option B
Solution (By JKSSB Mock Tests)
The collection increases the Pass Book balance. To reach the un-updated Cash Book balance, this amount must be deducted from the Pass Book.
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