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O-LevelAccountingSources and recording of data7707/12 · Oct/Nov 2018 · 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

✓ Correct answer

A: $212

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About this question

Topic
Sources and recording of data, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, Oct/Nov 2018 Paper 1 Variant 2, question 5.

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