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Question

If the overdraft as per the passbook is taken as the starting point, the cheques issued but not presented are to be _____ in the bank reconciliation statement.



Correct Answer
A

Subtracted

Your Answer
B

Ignored

Your Answer
C

Added

Your Answer
D

None of these


Solution

The correct option is C

Subtracted


The cheques issued but not presented is added to overdraft balance of passbook.

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