Which of the following is not a cause of difference in balance as per cash book and balance as per bank pass book-
A)Errors in cash book .
B)Errors in pass book .
C)Cheques deposited and cleared.
D)Cheques issued but not presented for payment

Question

Quizplus · Accepted Answer

Cheques deposited and cleared would not cause a difference in the balance as per the cash book and the balance as per the bank pass book because once a cheque is cleared, it is recorded in both the cash book and the bank pass book, thus reflecting the same balance in both records.

Which of the Following Is Not a Cause of Difference