alleryStart learning →Passbook exceeds the cash book. Which is the likely cause?
ACheques issued but unpresented
BBank charges debited
CDishonoured customer cheque
DDirect debit for a premium
Answer & Solution
Correct answer: A. Cheques issued but unpresented
Unpresented cheques are already deducted in the cash book but not yet by the bank, whereas the other three reduce the passbook.
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