Accounting Multiple Choice Question – 4 June 2021

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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When preparing a bank reconciliation statement the following information is available. 

What is the balance on the bank statement?

Select ONE answer:

  1. £18,600
  2. £19,200
  3. £20,800
  4. £21,400

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

  1. Not correct
  2. Not correct
  3. Correct ==> £20,000 – £2,500 – £1,400 – £300
  4. Not correct

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