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QUESTION
Latif Furniture Business in Riyadh find a balance of SR25,000 in his Bank, but his cash book balance shows only $ 15,000 in the business Do such
Latif Furniture Business in Riyadh find a balance of SR25,000 in his Bank, but his cash book balance shows only $ 15,000 in the business
Do such difference appear among businesses, If yes, why do you think there is a difference.
Bring out the causes of differences between cash and bank balance.
Answer..........
