A Sports Fund cashbook shows ₹40,000, while physical cash is ₹38,000 If no legitimate timing or adjustment explains the...

Type: MCQ • Marks: 1

A Sports Fund cashbook shows ₹40,000, while physical cash is ₹38,000 If no legitimate timing or adjustment explains the difference, the shortage is:

A. 500

B. 1000

C. 2000

D. 4000

Explanation

₹40,000 − ₹38,000 = ₹2,000.

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UPSC Principal & Vice Principal Management Finance Administration

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