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You add the following when starting with the balance as per cash book when preparing...

Accounts - Principles of Accounts
JAMB 2017

You add the following when starting with the balance as per cash book when preparing the bank reconciliation statement except
  • A. Unpresented
  • B. Dividend
  • C. Uncredited cheque
  • D. credit transfer
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Correct Answer: Option C
Explanation
Uncredited cheque: This have to be deducted when starting balance as per cash book

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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