Q. Farkhanda Jabeen Ltd. receives a check for Rs. 100 records it in cash book and deposits it on the same day. A statement sent by the bank that day does not show this Rs. 100. How is this shown on the bank reconciliation statement?
  • (A) As an uncredited deposits added to the bank statement balance
  • (B) As an uncredited deposits deducted from the bank statement balance
  • (C) As an Unpresented check added to the bank statement balance
  • (D) As an Unpresented check deducted from the bank statement balance
πŸ’¬ Discuss
βœ… Correct Answer: (A) As an uncredited deposits added to the bank statement balance

πŸ’¬ Discussion

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