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Why might a bank reconciliation statement show a higher balance in the cash book than in the passbook?

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Single Answer MCQ

Q-00106886

Due to bank errors.

Due to outstanding cheques.

Due to deposited cheques not yet cleared.

Due to excessive withdrawals.

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What does the bank reconciliation statement help to identify?

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?

Q4.

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