D Question 12 Which one of the following items requires an a

D Question 12 Which one of the following items requires an adjustment on the bank side of the bar reconciliation? O interest earmed O deposits in transit O a bank service charge O a note collected by the bank D Question 13 Fashions Compuny or the m ollowing information is available for Ele\'s

Solution

12)correct option is \"B\" -Deposit in transit

All other items will be adjusted in Company books .Deposit made is recorded in books but not yet recorded in bank books so it will be added to bank balance for reconcilation

17)correct option is \"B\" -current liabilities

cash ratio =[cash +cash equivalent ]/current liabilities