BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Omission of bank charges results in unadjusted cash book balance as it has already been accounted in the pass book but not in the cash book.

Detailed explanation-2: -The unadjusted cash balance is identified when the cash balance as per the ledger account and bank statement do not match. To reconcile the balances, the accountant verifies the transactions that are either missing in the ledger or the bank statement.

Detailed explanation-3: -Errors or omissions in the cash book can lead to a difference between the balance as per bank statement and the balance as per cash book. For instance, an entity may incorrectly record the bank deposits or withdrawals in another accounting ledger or it may record the entry by a wrong amount.

Detailed explanation-4: -(a) Errors committed in recording transactions by the firm: Omission or wrong recording of transactions relating to cheques issued, cheques deposited and wrong totaling etc. committed by the firm while recording entries in the cash book cause difference between cash book and pass book balance.

Detailed explanation-5: -The unadjusted trial balance is the listing of general ledger account balances at the end of a reporting period, before any adjusting entries are made to the balances to create financial statements. The unadjusted trial balance is used as the starting point for analyzing account balances and making adjusting entries.