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O-LevelAccountingVerification of accounting records7707/12 · Oct/Nov 2012 · Q71 Mark

A bank reconciliation statement starts with the balance in the cash book. It includes uncredited deposits and unpresented cheques. It also includes a bank error because bank charges have been deducted twice on the bank statement. How are these items shown in the bank reconciliation statement? added subtracted A uncredited deposits unpresented cheques bank error B uncredited deposits bank error unpresented cheques C unpresented cheques uncredited deposits bank error D unpresented cheques bank error uncredited deposits

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Auncredited deposits unpresented cheques bank error
Buncredited deposits bank error unpresented cheques
Cunpresented cheques uncredited deposits bank error
Dunpresented cheques bank error uncredited deposits

✓ Correct answer

C: unpresented cheques uncredited deposits bank error

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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 2012 Paper 1 Variant 2, question 7.

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