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Question

Under Bank reconciliation statement, while adjusting the cash book:


A

All the errors and omissions in the passbook are taken into consideration

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B

Delays in recording in the passbook due to difference in timing are taken into consideration

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C

All the errors and omission in the cash book are taken into consideration

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D

All of the above

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Solution

The correct option is D

All of the above


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


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