Accounting 9706 · AS & A Level · Reconciliation and verification

Reconciliation and verification — practice question

An accountant drew up a bank reconciliation statement. He identified the following differences between the bank statement and the cash book. 1. a sum received from a customer by credit transfer 2. bank charges 3. unpresented cheques Which of these differences will have to be entered in the cash book in order to bring it up to date?

  • A1, 2 and 3
  • B1 and 2 only
  • C1 and 3 only
  • D2 and 3 only

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI