Which of the following is NOT a characteristic of Cash Book?

(A) t has two identical sides—left hand side, the debit side and right hand side, the credit side
(B) t verifies the arithmetic accuracy of posting of entries from the Journal to the Ledger
(C) The difference between the total of two sides of cash book shows cash in hand
(D) It always shows debit balance. It can never show credit balance

If you start with cash book favorable balance in Bank Reconciliation Statement, which item will be added?

(A) Cheque deposited but not credited by the bank
(B) Cheques omitted to be deposited into bank
(C) Any amount directly collected by bank on behalf of customer but not recorded in cash book
(D) Debit side of cash book was overcast