CA Foundation Exam  >  CA Foundation Questions  >  When balance as per Cash Book is the starting... Start Learning for Free
When balance as per Cash Book is the starting point, interest charged by Bank is: 

  • a) 
    Added in the bank reconciliation statement 
  • b) 
    Subtracted in the bank reconciliation statement 
  • c) 
    Not required to be adjusted in the bank reconciliation statement 
  • d) 
    Neither of the above. 
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
When balance as per Cash Book is the starting point, interest charged ...
B is the answer.
This is because the interest charged is shown in pass book, but the cash book hasn't deducted it.
Free Test
Community Answer
When balance as per Cash Book is the starting point, interest charged ...
Correct Answer is B
The passbook has been decreased due to bank charges.
But the accountant doesn't know about that....
so we will deduct the amount to make the cash book equal to passbook.
Explore Courses for CA Foundation exam
When balance as per Cash Book is the starting point, interest charged by Bank is:a)Added in the bank reconciliation statementb)Subtracted in the bank reconciliation statementc)Not required to be adjusted in the bank reconciliation statementd)Neither of the above.Correct answer is option 'B'. Can you explain this answer?
Question Description
When balance as per Cash Book is the starting point, interest charged by Bank is:a)Added in the bank reconciliation statementb)Subtracted in the bank reconciliation statementc)Not required to be adjusted in the bank reconciliation statementd)Neither of the above.Correct answer is option 'B'. Can you explain this answer? 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 balance as per Cash Book is the starting point, interest charged by Bank is:a)Added in the bank reconciliation statementb)Subtracted in the bank reconciliation statementc)Not required to be adjusted in the bank reconciliation statementd)Neither of the above.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When balance as per Cash Book is the starting point, interest charged by Bank is:a)Added in the bank reconciliation statementb)Subtracted in the bank reconciliation statementc)Not required to be adjusted in the bank reconciliation statementd)Neither of the above.Correct answer is option 'B'. Can you explain this answer?.
Solutions for When balance as per Cash Book is the starting point, interest charged by Bank is:a)Added in the bank reconciliation statementb)Subtracted in the bank reconciliation statementc)Not required to be adjusted in the bank reconciliation statementd)Neither of the above.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of When balance as per Cash Book is the starting point, interest charged by Bank is:a)Added in the bank reconciliation statementb)Subtracted in the bank reconciliation statementc)Not required to be adjusted in the bank reconciliation statementd)Neither of the above.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of When balance as per Cash Book is the starting point, interest charged by Bank is:a)Added in the bank reconciliation statementb)Subtracted in the bank reconciliation statementc)Not required to be adjusted in the bank reconciliation statementd)Neither of the above.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for When balance as per Cash Book is the starting point, interest charged by Bank is:a)Added in the bank reconciliation statementb)Subtracted in the bank reconciliation statementc)Not required to be adjusted in the bank reconciliation statementd)Neither of the above.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of When balance as per Cash Book is the starting point, interest charged by Bank is:a)Added in the bank reconciliation statementb)Subtracted in the bank reconciliation statementc)Not required to be adjusted in the bank reconciliation statementd)Neither of the above.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice When balance as per Cash Book is the starting point, interest charged by Bank is:a)Added in the bank reconciliation statementb)Subtracted in the bank reconciliation statementc)Not required to be adjusted in the bank reconciliation statementd)Neither of the above.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev