O-LevelAccountingVerification of accounting recordsOct/Nov 2010 · Q91 Mark

On 1 September the bank statement showed an overdrawn balance of $2015. A refund for insurance, $74, and bank charges, $86, have not been entered in the cash book. What was the balance on the cash book on 1 September before it was updated? A $2003 credit B $2003 debit C $2027 credit D $2027 debit

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2010). The mark or mark type is shown in brackets.

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Topic: Verification of accounting records, O-Level Accounting (syllabus 7707). Structured question, 1 mark.
Source: O-Level Accounting, Oct/Nov 2010 Variant 1, question 9.

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