Question

Under Bank reconciliation statement, while adjusting the cash book:

• A. All the errors and omissions in the passbook are taken into consideration
• B. Delays in recording in the passbook due to difference in timing are taken into consideration
• C. All the errors and omission in the cash book are taken into consideration
• D. All of the above

Answer 1

The correct option is D

All of the above

All of the above are taken into consideration while adjusting the cash book in reconciliation.