Which of the following is NOT a function of bank reconciliation statement?

Question

TuteeHUB · Accepted Answer

To update omitted entries into the cash book

TuteeHUB · Answer

To check for errors in balance sheet

TuteeHUB · Answer

To update omitted entries into the cash book

TuteeHUB · Answer

To update omitted entries into the bank statement

TuteeHUB · Answer

To reconcile the difference in bank statement and cash book

1.	Which of the following is NOT a function of bank reconciliation statement?
A.	To check for errors in balance sheet
B.	To update omitted entries into the cash book
C.	To update omitted entries into the bank statement
D.	To reconcile the difference in bank statement and cash book
Answer» B. To update omitted entries into the cash book

Discussion