Accounting JAMB

When starting with the cash book balance in preparing the bank reconciliation statement; the following are added?

A. Unpresented cheque
B. Dividend
C. Uncredited cheque
D. credit transfer

Correct Answer:

Option C – Uncredited cheque

Explanation

Uncredited cheque has 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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