Cash balance shortage adjustment correct procedure

Kollipara Sundaraiah (B.com) (2987 Points)

04 December 2023  
A person cash deposit in bank sb account rs:20 lacs but cash balance available rs:15 lacs as per books.
1.cash loans received
2.cash sales
3.cash gifts
question:
assessess rs:5 lacs cash shortage above mentioned options correct procedure.