O-LevelAccountingVerification of accounting records7707/11 · Oct/Nov 2014 · Q91 Mark

A business received its bank statement showing the closing balance as $8500 overdrawn. It was found that unpresented cheques amounted to $2000 and uncredited deposits amounted to $1500. What was the overdraft shown in the cash book?

A$5000

B$8000

C$9000

D$12000

✓ Correct answer

C: $9000

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Topic: Verification of accounting records, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2014 Paper 1 Variant 1, question 9.

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