Session 3 - Problems in Balance as per Cash book

Recommended Books & Texts

• Accounting for Business (3rd ed) — A textbook focused on how accounting supports business decision-making and is suitable for non-specialist managers and business students. Goodreads

• Accounting for Business Studies by Aneirin Owen — Integrates accounting with business & management studies, emphasising the commercial context. Routledge

• Business Accounting (v.2.0) (free online text) — Covers many fundamental accounting topics; good for self-study. 2012 Books

• Accounting, The Language of Business by JoAnn Wood — Openly-licensed, explains accounting as a communication tool in business. Boise State Pressbooks

Useful Online Resources

• Open Textbook Library: “Accounting Principles: A Business Perspective” and others — free downloadable textbooks covering core accounting topics. Open Educational Resources

• Guides listing recommended books for accounting and business: e.g., “Business Recommended Reading by Subject: Accounting”. BYU Library Guides+1

• Articles on accounting fundamentals: e.g., “What Is Accounting? | Introduction to Business” explains accounting as the language of business.

1. What is meant by “Balance as per Cash Book”?
   
   

2. List the common problems that affect the Cash Book balance.
   
   

3. How do unrecorded bank charges and interest affect the Cash Book balance?
   
   

4. Explain the steps for rectifying errors in the Cash Book before preparing BRS.
   
   

5. Why is it necessary to prepare an adjusted Cash Book before reconciliation?