Enumerate the steps to ascertain the correct cash book balance.

Explanation

Genrally, variations between the money Book and also the Pass Book arise thanks to the explanation that things haven't been recorded within the money Book.
so as to establish the right money Book balance, we'd like to organize corrected (Adjusted) money Book. The below given steps square measure concerned within the preparation of corrected (Adjusted) money Book.
Step 1: compose the bank balance as per the money Book.
Step 2: Rectify all the errors committed within the money Book
. Step 3: Enter those transactions within the debit of the money Book, within the that square measure solely within the debit of the Pass Book.
Step 4: Enter those transactions within the credit of the money Book that square measure solely within the debit of the Pass Book.
Step 5: The money Book is totalled and reconciliation figure is calculated. This reconciliation figure is use for getting ready BRS.