I n t e r a c t I v e t e X t foundations in Accountancy/ acca financial accounting (ffa/FA) bpp learning Media is an acca approved Content Provider

Which of these items will require an entry in the cash book? 

A 

2, 4 and 6 

B 

1, 5 and 6 

C 

3, 4 and 5 

D 

1, 2 and 3 

 

(2 marks) 

62 

Which of the following items reconciling the balance on the bank ledger account to the balance 

shown on the bank statement are referred to as timing differences? 

1 

Bank charges not recorded in the cash book 

2 

Interest charged not recorded in the cash book 

3 Outstanding 

lodgements 

4 Unpresented 

cheques 

A 1 

and 

2 

B 3 

and 

4 

C 2 

and 

3 

D 1 

and 

4 

 

(2 marks) 

63 

Mauritz Co is preparing a bank reconciliation. The bank balance in the general ledger is $540 

credit. There are two items that have not yet been dealt with. 

1  

A cheque for $620 was sent to a supplier but is not yet showing on the bank statement. 

2  

A bank charge of $28 was charged by the bank, but was not recorded by Mauritz Co.