Question

    While preparing a Bank Reconciliation Statement, which

    of the following is most likely to cause a difference between the balance as per the cash book and the balance as per the bank statement?
    A Cheques recorded in the cash book but not yet presented for payment Correct Answer Incorrect Answer
    B Miscalculation of accrued interest on borrowings Correct Answer Incorrect Answer
    C Fluctuation in foreign currency exchange rates Correct Answer Incorrect Answer
    D Incorrect depreciation charge in the books of accounts Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next
    More Accounts Questions
    ask-question