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A Welfare Co-operative Society withdraw Rs. 50,000/- from the District Co-operative Bank and not entered it in Day book of the Society, Auditor shows it under the head is :

ADue to and create reserve

BDue by and create reserve

CCredit side of profit and loss

DNone of these

Answer:

A. Due to and create reserve


Related Questions:

It is one of the advantages of Internal check system :
Interim Audit is conducted between two
Auditor's plan of action is known as :
Accounts of a Co-operative Society has to be audited .....................................
.......... is related with Concurrent Audit