Which of the following items will not cause a difference between the book balance and the bank balance?
A) deposits in transit
B) bank collections
C) cancelled cheques
D) outstanding cheques
Correct Answer:
Verified
Q2: The cheques that have been paid by
Q4: In a bank reconciliation,there might be items
Q5: The asset requiring the highest level of
Q6: In a bank reconciliation,bank service charges are:
A)
Q7: In a bank reconciliation,a deposit in transit
Q8: Which of the following,when prepared correctly,ensures that
Q9: When preparing a bank reconciliation,which of the
Q11: In a bank reconciliation,a bank error:
A) must
Q110: All cash receipts should be deposited for
Q124: As they are less liquid than cash,
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