Accounting 0452 · IGCSE · Bank reconciliation

Bank reconciliation — practice question

What would cause the cash book balance to be lower than the balance shown on the bank statement?

  • AA cheque received from a customer was not recorded in the bank statement.
  • BA customer’s cheque dishonoured by the bank appeared only on the bank statement.
  • CPayment by a customer directly into the bank was not recorded in the cash book.
  • DPayment of insurance by standing order was not recorded in the cash book.

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