In order to make the cash book balance equal to the bank statement, it is usual to add?

  • A uncredited cheques
  • B direct payments by bank
  • C bank charges
  • D unpresented cheques
jamb 2000accounting

The correct answer is D. unpresented cheques

Unpresented cheques are cheques that have been written and recorded in the cash book but have not yet been presented to the bank for payment.

As a result, they have not yet been deducted from the bank statement.

Adding the value of these cheques to the cash book balance will help reconcile it with the bank statement balance. 

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