Practice free →
Home › CBSE Class 11 (Commerce) › Accountancy › Bank Reconciliation Statement › Why do unpresented cheques create a difference?

Why do unpresented cheques create a difference?

AA time gap before presentation
BA bank posting mistake
CAn addition error in cash book
DA direct debit by the bank
Answer & Solution
Correct answer: A. A time gap before presentation
The payee may take days to present the cheque, so the difference is only a timing matter.
Solve this in the app — CBSE Class 11 (Commerce) practice & 24k+ MCQs →
Related questions