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A-LevelAccountingReconciliation and verification9706/12 · Oct/Nov 2018 · Q71 Mark

The table shows extracts from a business's bank reconciliation. balance per cash book at 31 December $2075 debit balance per bank statement at 31 December $2250 credit bank charges per bank statement not entered in cash book $150 outstanding cheques not presented at the year end $325 What is the bank balance to be shown in the financial statements?

A$1600
B$1925
C$2075
D$2225

✓ Correct answer

B: $1925

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About this question

Topic
Reconciliation and verification, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Oct/Nov 2018 Paper 1 Variant 2, question 7.

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