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Commerce · Q2835

Accounting

Graduate and Post Graduate · Commerce · question 2835

Q2835

While preparing bank reconciliation statement, cheques paid into bank but not yet cleared are . . . . . . . .

A.
added to the balance as per cash book to arrive at the balance as per pass book
B.
deducted to the balance as per cash book to arrive at the balance as per pass book
Answer
C.
divided to the balance as per cash book to arrive at the balance as per pass book
D.
multiplied to the balance as per cash book to arrive at the balance as per pass book

Answer: Option B

Solution

Answer: Option B
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