Economics · Bank Reconciliation
Which of the following would create a timing difference to be recognised in the preparation of a bank reconciliation statement (rather than requiring an adjusting entry in the cash book)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Unpresented cheques✓
- 2Cash ledger errors
- 3Standing orders
- 4Bank charges
Correct answer
Unpresented cheques
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