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    Question

    Under bank reconciliation, cheques issued but not

    presented are:
    A Added to bank balance per passbook Correct Answer Incorrect Answer
    B Deducted from cash book balance Correct Answer Incorrect Answer
    C Added to cash book balance Correct Answer Incorrect Answer
    D Deducted from both cash book and passbook Correct Answer Incorrect Answer
    E No adjustment required Correct Answer Incorrect Answer

    Solution

    Cheques issued but not yet presented reduce bank balance in passbook; to reconcile passbook to cash book, add them back to passbook balance.

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