Trending Questions |
Jamb Accounts - Principles of Accounts Past QuestionsJamb Past Questions and Answers on Courses of discrepancies between cashbook and bank statementQuestion 21:An item credited in the bank statement but yet to be recorded in the firm's cash book is A. Bank loan B. Contract payment C. Standing order D. Direct deposit Question 22:You add the following when starting with the balance as per cash book when preparing the bank reconciliation statement except A. Unpresented B. Dividend C. Uncredited cheque D. Credit transfer Question 23:What is the effect of transaction when cash is paid into the bank A. Bank balance decrease and cash balance increase B. Bank balance decrease and cash balance decrease C. Cash balance increase and bank balance increase D. Cash balance decrease and bank balance increase Question 24:In order to make the cash book balance equal to the bank statement, it is usually to add? A. Uncredited cheques B. Direct payments by bank C. Bank charged D. Unpresented cheques |
|
| ||||||
Disclaimer All Views, Names, Acronyms, Trademarks, Expressed on this website are those of their respective owners. Please note that www.schoolngr.com is not affiliated with any of the institutions featured in this website. It is always recommended to visit an institutions or sources official website for more information. In the same vein, all comments placed here do not represent the opinion of schoolngr.com SCHOOLNGR - © 2020 - 2024 - Tayo Hammed | Terms Of Service | Copyright | Privacy Policy |