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A-LevelAccountingReconciliation and verification9706/12 · May/June 2025 · Q111 Mark

A debit balance of $2600 was shown for the bank in the cash book of a business at the end of the month. The bank statement included bank charges of $1200 and interest received of $500, both of which had not been entered in the cash book. The bank column of the cash book had been overcast by $200. The cash book included a payment of $800 which had not yet appeared on the bank statement. What was the credit balance shown on the bank statement at the end of the month?

A$900
B$1700
C$2500
D$2700

✓ Correct answer

C: $2500

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About this question

Topic
Reconciliation and verification, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, May/June 2025 Paper 1 Variant 2, question 11.

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