[Solved] To convert the accounts prepared on cash system of accounting into mercantile system of accounting, which of these adjustments is not necessary

Q.	To convert the accounts prepared on cash system of accounting into mercantile system of accounting, which of these adjustments is not necessary
A.	Reconciliation of cash with bank
B.	Adjustment of prepaid expenses and income received in advance
C.	Adjustment of outstanding expenses and income statement
D.	Distinction between revenue and capital expenditure/income
Answer» A. Reconciliation of cash with bank

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