____ are checks that are issued by the business but not yet presented to bank
Correct answer C. Outstanding checks
Tip: press A, B, C or D to answer, and N for the next question.
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More Bank reconciliation statement questions
See allBank 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.
Correct answer B. $500 will be credited
In bank reconciliation statement the amount of outstanding checks is added to ____ balance of cash book.
Correct answer A. Adjusted
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Which of the following error results in unadjusted cash book balance?
Correct answer A. Outstanding checks
____ Checks that are presented to bank but not yet credited by the bank.
Correct answer B. Uncredited checks
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