Which of the following statement is added in the credit balance of cashbook (Overdraft) while preparing bank reconciliation statement?

(A) Cheques received and recorded in the cash book but not sent to the bank of collection.

(B) Payment received from a customer directly by the bank but no entry was made in the cash book.

(C) Cheques issued but not presented for payment.

(D) Interest charged by the bank was not entered in the cash book.

Choose the correct answer from the options given below.

(B) & (C) only

The correct answer is option 2- (B) & (C) only.

(A) Cheques received and recorded in the cash book but not sent to the bank of collection- This is deducted in the credit balance of cashbook (Overdraft) while preparing bank reconciliation statement.

(B) Payment received from a customer directly by the bank but no entry was made in the cash book- This is added in the credit balance of cashbook (Overdraft) while preparing bank reconciliation statement.

(C) Cheques issued but not presented for payment- This is added in the credit balance of cashbook (Overdraft) while preparing bank reconciliation statement.

(D) Interest charged by the bank was not entered in the cash book- This is deducted in the credit balance of cashbook (Overdraft) while preparing bank reconciliation statement.