Multiple choice

Directions: Choose the correct option for the given question.

Which of the following transactions are not entertained in amended cash book in relation to the preparation of bank reconciliation statement?

  1. Transactions which are recorded in pass book initially

  2. Transactions which are recorded in cash book initially

  3. Both (1) & (2)

  4. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

An amended cash book is updated only for transactions that have already occurred in the bank pass book but have not yet been recorded in the business's cash book.

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