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O-LevelAccountingVerification of accounting records7707/13 · Oct/Nov 2023 · Q121 Mark

Alicia's cash book showed a debit balance of $100 on her bank account. She compared her cash book to the bank statement and updated the cash book for the following items. [Table showing: credit transfer to a credit supplier $80, credit transfer from a credit customer $112, bank interest paid $19] What was the debit balance on the bank account after the cash book was updated?

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A$49
B$73
C$113
D$151

✓ Correct answer

C: $113

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About this question

Topic
Verification of accounting records, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, Oct/Nov 2023 Paper 1 Variant 3, question 12.

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