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When preparing a bank reconciliation statement, if you start with debit balance as per cash book cheques sent to bank but not collected should be

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Question:

When preparing a bank reconciliation statement, if you start with debit balance as per cash book cheques sent to bank but not collected should be

A.

Added

B.

Deducted

C.

Not required to be adjusted

D.

None of the above

Answer» b. Deducted

Note: The above multiple-choice question is for all general and Competitive Exams in India.