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When drawing up a bank reconciliation statement if you start with a debit balance as per the Bank statement the unpresented cheques should be: (a) Added (B) Deducted (c) not required to be adjusted (d) None of these?
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When drawing up a bank reconciliation statement if you start with a de...
B. Deducted
It's because the cash book has already deducted the amt through cheque but due to it's non-representation in the bank,the bank statement doesn't deduct the amt.
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When drawing up a bank reconciliation statement if you start with a debit balance as per the Bank statement the unpresented cheques should be: (a) Added (B) Deducted (c) not required to be adjusted (d) None of these?
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When drawing up a bank reconciliation statement if you start with a debit balance as per the Bank statement the unpresented cheques should be: (a) Added (B) Deducted (c) not required to be adjusted (d) None of these? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about When drawing up a bank reconciliation statement if you start with a debit balance as per the Bank statement the unpresented cheques should be: (a) Added (B) Deducted (c) not required to be adjusted (d) None of these? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When drawing up a bank reconciliation statement if you start with a debit balance as per the Bank statement the unpresented cheques should be: (a) Added (B) Deducted (c) not required to be adjusted (d) None of these?.
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