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Forums › FIA Forums › General FIA Forums › bank reconciliation
Hello everyone can you help me in answer these question
I answer it but i want to check it
In which section would you find outstanding checks?
ans Bank balance /less
If the balance per bank 100 Deposit in transit 546 unpresented checks 79 Adjust balance per Bank is …
576
700
567
Check deposited by mistake in Bank account should be :
Added to bank statement
Deduct from the cash book
Add to cash book
Deducted from bank statement
In bank reconciliation Deposit in Transit should be …
Deduct from cash book
Added to cash book
Deduct from bank statement
Added to bank statement
In the bank reconciliation statement INTEREST EARNED should be:
Deduct from cash book
Added to cash book
Deduct from bank statement
Added to bank statement