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A-LevelAccountingReconciliation and verification9706/12 · Feb/Mar 2024 · Q101 Mark

Amit compared his bank statement with his cash book. How did Amit deal with the items revealed by this comparison?

Aupdating his cash book: bank charges, including in bank reconciliation statement: timing differences and bank errors
Bupdating his cash book: bank charges and bank errors, including in bank reconciliation statement: timing differences
Cupdating his cash book: timing differences and bank errors, including in bank reconciliation statement: bank charges
Dupdating his cash book: timing differences, including in bank reconciliation statement: bank charges and bank errors

✓ Correct answer

A: updating his cash book: bank charges, including in bank reconciliation statement: timing differences and bank errors

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About this question

Topic
Reconciliation and verification, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Feb/Mar 2024 Paper 1 Variant 2, question 10.

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