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 deposited but dishonoured.
  2. The receipt side of Cash book overcast.
  3. Interest on overdraft.
  4. Direct amount deposited by the customer into bank.

Answer

  1. Minus.
  2. Minus.
  3. Minus.
  4. Plus.

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