Financial Accounting MCQ: If you start with cash book favorable balance in Bank Reconciliation Statement, which item will be added? | Extra Education

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If you start with cash book favorable balance in Bank Reconciliation Statement, which item will be added?

Correct Answer: Any amount directly collected by bank on behalf of customer but not recorded in cash book

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Financial Accounting MCQ: If you start with cash book favorable balance in Bank Reconciliation Statement, which item will be added? | Extra Education