____ Checks that are presented to bank but not yet credited by the bank.
Correct answer B. Uncredited 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 allFavorable balance of bank statement implies that
Correct answer A. Credit balance
Balance as per cash book(adjusted.=$1000, Unpresented checks=$2000, Uncredited checks=$500, Deposit in transit=$500. Compute the balance as per bank statement.
Correct answer A. $2000
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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
Correct answer D. $3000 will be subtracted from cash book balance
$5000 deposited in bank account was entered twice in the cash book. Identify the correct adjustment in cash book.
Correct answer A. $5000 will be credited
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