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How does an adjusted cash book affect the bank reconciliation statement?

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Single Answer MCQ

Q-00106898

It is not relevant.

It reflects only cash sales.

It provides the adjusted balance to reconcile against the bank balance.

It serves as a bank statement.

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Q2.

What should be added to the cash book balance to update it during reconciliation?

Q3.

If a bank has directly credited an account with interest, how should this be handled in the cash book?

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When cheques issued by a company are not presented for payment by the payee, what adjustments are made in the bank reconciliation statement?