1.

Which of the following transaction will result in higher balance in the bank column of cash-book in comparison to pass-book? (a) Cheques issued but not presented for payment. (b) Interest allowed by bank. (c) Bank charges entered twice in Cash book. (d) Cheques paid into bank for collection but not yet credited

Answer»

Correct option is (d) Cheques paid into bank for collection but not yet credited



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