Accounting · Bank Reconciliation Statement
Which of the following is NOT a reason for a difference between the balance shown by the cash book and the balance shown by the bank statement?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Cash withdrawn from the bank for office use and correctly recorded in both the cash book and the bank statement.✓
- 2A check deposited by the company was returned dishonored by the bank and not yet recorded in the cash book.
- 3Checks received by the company and recorded in the cash book but not yet deposited in the bank.
- 4Checks issued by the company but not yet presented for payment at the bank.
Correct answer
Cash withdrawn from the bank for office use and correctly recorded in both the cash book and the bank statement.
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