Which one of the following is not a timing difference?
A. Cheque deposited but not yet credited
B. Cheque issued but not yet presented for payment
C. Amount directly paid into the bank
D. Wrong debit in the cash book
Answer:D
Which one of the following is not a timing difference?
A. Cheque deposited but not yet credited B. Cheque issued but not yet presented for payment C. Amount directly paid into the bank D. Wrong debit in the cash book