Accounts (Principles of Accounts)Bank reconciliation statementsJAMB
Which of these items causes the bank statement balance to be higher than the cash book balance?
Show answer
Answer: D. Unpresented cheques
Cheques written are already deducted in the cash book but not yet by the bank, so the bank balance is higher.
An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.