Accounting 0452 · IGCSE · Bank reconciliation

Bank reconciliation — practice question

Once Lyn had obtained her bank statement, she brought her cash book up to date. Which of these entries would decrease the overdrawn balance shown in the cash book? 1. interest received from the bank 2. a credit transfer received 3. a direct debit payment

  • A1 and 2
  • B1 and 3
  • C2 and 3
  • D3 only

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