Question on: JAMB Accounting - 2023
When starting with the cash book balance in preparing the bank reconciliation statement, the followings are added except
A
uncredited cheque
B
credit transfer
C
dividend
D
unpresented cheque
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Correct Option: C
When starting with the cash book balance in preparing the bank reconciliation statement, dividends are not added. Dividends are not part of the reconciliation process. The other items, such as uncredited cheque, credit transfer, and unpresented cheque, may be added or deducted as necessary.
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