A-LevelAccountingBank ReconciliationMay/June 2023Paper 1 Q81 Mark

A bank statement shows a credit balance of $8360. Comparison with the cash book reveals: 1 bank charges of $124 have not been entered in the cash book 2 cheques received from customers for $16223 have not been credited by the bank 3 cheques sent to suppliers for $18725 have not been presented. What is the correct cash book balance?

Q: What is the correct answer to this A-Level Accounting question?

The correct answer is C: $5858 debit.

Q: What topic does this question test?

This question tests Bank Reconciliation in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

A$5734 credit

B$5734 debit

C$5858 debit

D$10986 credit

✓ Correct Answer

The correct answer is C: $5858 debit

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Accounting Question

Topic

This multiple-choice question tests Bank Reconciliation in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Accounting May/June 2023 examination, Paper 1 Variant 2.

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