- 1 Marks
FA – May 2022 – L1 – SA – Q15 – Bank Reconciliation
Identify which bank reconciliation item should not be added or subtracted from the cash book balance.
Question
Which of the following bank reconciliation items should NOT be added or subtracted from the cash book balance to determine the adjusted bank balance?
A. Bank service charges
B. Unpresented cheques
C. Direct transfers
D. Cash book errors
E. Value-added tax charges
Find Related Questions by Tags, levels, etc.
- Tags: Adjusted Bank Balance, Bank Reconciliation, Cash Book
- Level: Level 1
- Topic: Bank reconciliations
- Series: MAY 2022
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