In Bank Reconciliation Statement, when balance as per cash book is taken as the starting point, direct deposit by a customer into his bank 18,000 will be :

Added

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Subtracted

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Not required to be adjusted

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None of the above

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Solution

The correct option is A
Added

Direct deposits by customers are always added in cash book because such transactions are not appearing in cash book but they are present in the bank statement.

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Similar questions

While preparing bank reconciliation statement, if balance as per pass book is starting point, direct deposits in bank should be:

When the balance as per Cash Book is the starting point, direct deposit by customer is_______________.

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