Which of the following is not a valid reason for the cash book and bank statement to disagree?

Question

Quizplus · Accepted Answer

Cash payments posted to trade receivables do not affect the bank statement directly; they are an internal accounting entry affecting the accounts receivable ledger and cash book, not the bank's records. Bank charges, errors, and dishonoured cheques are all valid reasons for discrepancies between the cash book and bank statement.

Which of the Following Is Not a Valid Reason for the Cash