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.Management Sciences
A. Outstanding checks
B. Unpresented checks
C. Deposit in transit
D. Omission of Bank charges
Related Mcqs:
- A cash deposit made by business appears on the bank statement as _______ balance?
- A. Debit B. Credit C. Expenses D. Liability...
- A check returned by bank marked “NSF” means that:
- A. Bank can’t verify your identity B. There are not sufficient funds in your account C. Check has been forged D. Check can’t be cashed being illegal...
- ___________ are checks that are issued by the business but not yet presented to bank
- A. Uncollected checks B. Uncredited checks C. Outstanding checks D. Bounced checks...
- In bank reconciliation statement the amount of outstanding checks is added to ________ balance of cash book.
- A. Adjusted B. Unadjusted C. Understated D. Overstated...
- Favorable balance of bank statement implies that
- A. Credit balance B. Debit balance C. Bank overdraft D. Adjusted balance...
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