Which of the following is used to update the cash book in...
Which of the following is used to update the cash book in bank reconciliation?
Interest received and unpresented cheques
Commission and debit note
Unpresented cheques and direct credit
Interest received and direct credit
Correct answer is D
No explanation has been provided for this answer.
The documents that provide instant information to firms on their tranactions with banks are ...
Financial accounting information is for ...
Given: General expenses account. Paid by cheque..................N671 Paid by cash..................
Given: Returns inwards............N1500 cash.......................N1550 Discount...................