Bank 2
Bank 2
Bank 2
Balance and the bank statement balance when preparing a bank reconciliation:
12. Roshen plc bank balance per the bank statement is $4,450. However there are
Uncleared lodgments of $1,300 relating to cheques that Roshan plc banked yesterday
And unpresented cheques suppliers of $250.
What is the balance on Roshan plc bank account in her general ledger?
A. $3,400
B. $6,000
C. $5,500
D. $4,200
13. The cash book of fresh flowers records a bank overdraft of $3,750, however, when
Checking the cash book with the bank statement the following transactions were
Recorded on the bank statement but not in the cash book.
A. $4,200 overdrawn
B. $6,075 overdrawn
C. $1,425 overdrawn
D. $4,425 overdrawn
14. Why might a business produce a bank reconciliation statement?
15. On completion of the bank reconciliation statement which of the following entries will the
Cashier make in the firms cash book?
16. Your firm’s cash book at 30 April 2008 shows a balance at the bank of 2,490. Comparison
With the bank statement at the same date reveals the following differences.
1. Unpresented cheques $840
2. bank charges not in cash book $50
3. Receipts not yet credited by the bank $470
4. Dishonored cheque not in cash book $140
A. $1,460
B. $2,300
C. $2,580
D. $3,140