O-LevelAccountingSources and recording of dataOct/Nov 2018Paper 1 Q51 Mark
The following amounts were recorded in the bank columns of Tamir's cash book in September. receipts from customers 4022 payments 4819 cheques banked later dishonoured 256 On 30 September the balance in the bank column of Tamir's cash book was $1265 overdrawn. What was the credit balance on the bank column of the cash book on 1 September?
A$212
B$724
C$1806
D$2318
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The correct answer is A. This question tests the candidate's understanding of sources and recording of data within the Accountingsyllabus. The examiner's mark scheme requires...
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