Day: June 4, 2021

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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