A-LevelAccountingControl Accounts & ReconciliationOct/Nov 2025Paper 1 Q101 Mark
At 31 December, the following information is available about a company's banking transactions. balance at bank per bank statement $22650 uncleared deposits $3110 unpresented cheques $6290 bank credit recorded twice by bank in error $650 Which value for bank should be recorded in the statement of financial position at 31 December?
A$18820
B$20 120
C$25 180
D$26480
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of control accounts & reconciliation within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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