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Q230
The cashbook of Worcestor shows a credit balance of $1350
The bank has acccidentally credited Worcestor’s account with interest of $15 due to another customerSir does this mean that the bank has accidentally charged $15 to worcestor ?
Is this what is meant by the question or does the question mean that the bank has accidentally given an interest income of $15 ?Also sir in the same way if they say that a bank error cheque has been debited to Worcestor instead of another customer…would that mean that the bank has accidentally given money to Worcestor?
Not at all!
If the bank credits the account, then it means they have added money, not charged money.
Yet again it is obvious that you are not watching my free lectures and so I am not prepared to answer any more questions from you.
If you can not be bothered to watch the lectures then I can not be bothered to spend time answering questions.
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