Question
In which Column (Plus or Minus) you will write the following while preparing Bank Reconciliation Statement from the Cash Book overdraft balance?
  1. Cheques drawn but not cleared.
  2. Interest on bank overdraft.
  3. Cheques paid into the bank but not collected.
  4. Interest on investments collected by the bank.

Answer

$(i)$ Plus
$(ii)$ Minus
$(iii)$ Minus
$(iv)$ Plus.

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