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      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

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