PRC-1 · Chapter 9 · Question 78 of 100
When reconciling from the bank statement balance to the cash book balance, which of the following items is ADDED?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Uncleared lodgements
Explanation
Working backwards from the bank statement: Bank Balance + Uncleared Lodgements - Unpresented Cheques = Cash Book Balance.
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