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Question

Farkhanda Jabeen Ltd. receives a cheque for Rs. 100, records it in cash book and deposits it on the same day. A statement sent by the bank that day does not show Rs. 100. How is this shown on the bank reconciliation statement if starting point is pass book?


A

As an uncredited deposits added to the bank statement balance

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B

As an uncredited deposits deducted from the bank statement balance

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C

As an Unpresented cheque added to the bank statement balance

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D

As an Unpresented cheque deducted from the bank statement balance

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Solution

The correct option is A

As an uncredited deposits added to the bank statement balance


It is added to bank balance as it has already been added to the cash book.


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