Accounting 0452 · IGCSE · Bank reconciliation

Bank reconciliation — practice question

Waseem was given a bank statement. He noticed that the bank had charged interest twice by mistake, and that a dividend from an investment had been credited. He then brought the cash book up to date and drew up a bank reconciliation statement. In which record did he enter these two items?

  • Abank error: bank reconciliation statement; dividend: bank reconciliation statement
  • Bbank error: bank reconciliation statement; dividend: updated cash book
  • Cbank error: updated cash book; dividend: bank reconciliation statement
  • Dbank error: updated cash book; dividend: updated cash book

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