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When starting with the cash book balance in preparing the bank reconciliation statement, the followings...

Accounts - Principles of Accounts
JAMB 2017
When starting with the cash book balance in preparing the bank reconciliation statement, the followings are added
  • A. Unpresented cheque
  • B. Dividend
  • C. Uncredited cheque
  • D. credit transfer
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Correct Answer: Option C
Explanation
Uncredited cheque have to be less when starting with balance as per cashbook not add because the cheque are yet to be credited by the bank
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