Bank charges amounting to $5000 was not entered in the cash book. Identify the correct adjustment in cash book?
Bank reconciliation statement is prepared by____________?
A check returned by bank marked “NSF” means that:
A cash deposit made by business appears on the bank statement as _______ balance?
Accommodation bills are generally for?
A company was entered in hire purchase agreement and had to pay $1000 per month. Three payments were made via bank account but no entry was found in cash book. Identify the correct adjustment in cash book
Balance as per cash book(adjusted.=$1000, Unpresented checks=$2000, Uncredited checks=$500, Deposit in transit=$500. Compute the balance as per bank statement.
Favorable balance of bank statement implies that
_________ Checks that are presented to bank but not yet credited by the bank.
Which of the following error results in unadjusted cash book balance?