Multiple Choice Questions on An unadjusted balance in cash book is because of the result of which error ........ for UPSC EPFO Exam Preparation

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Multiple Choice Questions

An unadjusted balance in cash book is because of the result of which error ........

General Accounting Principles Bank reconciliation statement
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    An unadjusted balance in cash book is because of the result of which error?

    Deposit in transit

    Incorrect Answer

    The omission of Bank charges

    Correct Answer

    Outstanding checks

    Incorrect Answer

    Unpresented checks

    Incorrect Answer
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    Explanation:

    An unadjusted cash book balance is such balance in which the items only accounted in pass book have not been adjusted yet. Omission of bank charges results in unadjusted cash book balance as it has already been accounted in the pass book but not in the cash book.

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    Anuj kumar

    According to the explanation option A can aslo be the answer

    0 0 reply

    NIHARIKA WALIA

    Kindly review it again. In this question its about the transactions which are recorded in pass book but not in cash book. Bank charges are recorded only when bank intimates it. hence the answer is correct

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