Answered

Which of these types of errors are not detected during Bank Reconciliation?

A. Cash embezzlement by cashier
B. Cheques deposited but not credited by the bank
C. Casting mistakes in both columns of the cash book
D. Interest or commission charged by the bank not accounted in the cash book



Answer :

GinnyAnswer

Final answer:

Bank reconciliation errors include undetected issues like uncredited cheques, casting mistakes, and unaccounted bank charges.


Explanation:

Errors that are not detected during bank reconciliation include:

  • Cheques deposited but not credited by the bank: This error occurs when funds are deposited but not recorded by the bank.
  • Casting mistakes in the cash book: This error involves errors in totaling amounts in the cash book.
  • Interest or commission charged by the bank not accounted in the cash book: When fees charged by the bank are not noted in the cash book.

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