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WAEC Financial Accounting 2017 Question 4

Question 4

Banking and Bank Reconciliation

Which of the following items will not be entered in the adjusted cash book?

  1. A.Dishonoured cheques
  2. B.Direct payments to bank
  3. C.Uncredited cheques
  4. D.Standing order payments
Show the answer and explanation

Answer: C (Uncredited cheques)

Explanation

Uncredited cheques are already in the cash book; they are a timing difference shown only in the reconciliation statement.