Question

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

Answer 1

Answer:

Right Answer is: A

SOLUTION

It is added to bank balance as it has already been added to the cash book.