A. Adjusted
B. Unadjusted
C. Understated
D. Overstated
Related Mcqs:
- Balance as per cash book(adjusted.=$1000, Unpresented checks=$2000, Uncredited checks=$500, Deposit in transit=$500. Compute the balance as per bank statement.?
- The accountant of Leo Ltd. recorded a payment by cheque to a creditor for supply of materials as 1,340.56. The bank recorded the cheque at its correct amount of 3,140.56. The Company has not passed any rectification entries and the error is not detected through the bank reconciliation. The impact of this error is?
- A discount of $2000 was given to a supplier on his prompt repayment of debt but the cashier entered the gross amount in cash book. What should be the adjustment in cash to work out the correct balance of cash book??
- Which of the following is not a cause of difference in balance as per cash book and balance as per bank pass book___________??
- Difference in Bank Balance as per Pass Book and Cash Book may arise on account of_____________??
- Bank reconciliation statement is the comparison of a bank statement (sent by bank) with the _________ (prepared by business).?
- A cash deposit made by business appears on the bank statement as _______ balance??
- $5000 deposited in bank account was entered twice in the cash book. Identify the correct adjustment in cash book.?
- Bank charges amounting to $5000 was not entered in the cash book. Identify the correct adjustment in cash book??
- Bank sent debit advice of $500 to company being interest on overdraft. It wasn’t entered in cash book. Identify the correct adjustment in cash book.?
