O-LevelAccountingVerification of accounting records7707/11 · Oct/Nov 2011 · Q81 Mark

The bank statement of Leroy shows a balance of $3500 and the cash book shows a balance of $4200. The difference is due to a receipt of $1000 shown in the cash book but not on the bank statement. There is also an unpresented cheque. What is the amount of the unpresented cheque?

A$300

B$700

C$1700

D$2500

✓ Correct answer

A: $300

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Topic: Verification of accounting records, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2011 Paper 1 Variant 1, question 8.

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