A-LevelAccountingReconciliation and verification9706/12 · Oct/Nov 2014 · Q61 Mark

A cash book showed a credit bank balance of $6100 on 31 December. The bank statement on that date showed $60 of bank charges not in the cash book. Unpresented cheques amounted to $500. What was the balance on the bank statement?

A$5540 credit

B$5540 debit

C$5660 credit

D$5660 debit

✓ Correct answer

D: $5660 debit

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Topic: Reconciliation and verification, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2014 Paper 1 Variant 2, question 6.

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