![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-white.png)
McqMate
Q. |
If you start with cash book favorable balance in Bank Reconciliation Statement, which item will be added? |
A. | Cheque deposited but not credited by the bank |
B. | Cheques omitted to be deposited into bank |
C. | Any amount directly collected by bank on behalf of customer but not recorded in cash book |
D. | Debit side of cash book was overcast |
Answer» C. Any amount directly collected by bank on behalf of customer but not recorded in cash book |
View all MCQs in
Financial AccountingNo comments yet