Which of these statements is false?
1
When Bank Reconciliation Statement is initiated with favorable balance (debit) as per cash book, the income received by the bank directly will be added.
2
When Bank Reconciliation Statement is initiated with a cash book favorable balance (debit), a check deposited by a customer directly with the bank will be added.
3
When a Bank Reconciliation Statement is initiated with a cash book favorable balance (debit), checks issued but not presented will be added.
4
When Bank Reconciliation Statement is initiated with a favorable balance (debit) as per the cash book, the check deposited but not cleared will be added.