In a bank reconciliation statement, an overdraft as per the cash book will be increased by:
A. Interest allowed by bank
B. Direct deposit by customer
C. Cheques deposited but not credited
D. Cheques issued but not presented for payment
Answer: Option D
Solution (By JKSSB Mock Tests)
Cheques issued but not presented reduce the bank balance, so they are added to the overdraft balance as per the cash book to reconcile with the pass book.
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