In a bank reconciliation statement, an overdraft as per the cash book will be increased by:
A. Cheques deposited but not credited
B. Interest allowed by bank
C. Cheques issued but not presented for payment
D. Direct deposit by customer
Answer: Option C
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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