Day: May 6, 2024

Alex’s cash book at 30 April 2018 shows a balance at the bank of £2,490.

Comparison with the bank statement at the same date reveals the following differences:

• Unpresented cheques  £840
• Bank charges not in cash book  £50
• Receipts not yet credited by the bank  £470
• Dishonoured cheque not adjusted in cash book  £140

The correct cash book balance at 30 April 2018 is?

Select ONE answer:

1. £1,930
2. £2,300
3. £2,580
4. £3,140

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 2

1. Notcorrect
2. Correct – Original cash book figure £2,490 + Adjustment re charges £(50) + Adjustment re dishonoured cheque £(140) = £2,300
3. Not correct
4. Not correct

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