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

What is the closing balance on Mauritz Co's bank statement? 

A $1,132 

overdrawn 

B $1,188 

overdrawn 

C 

$52 cash at bank 

D 

$108 cash at bank 

 

(2 marks) 

BPP Tutor Toolkit Copy

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PRACTICE QUESTION BANK 

 

499 

64 

The debit side of a company's trial balance totals $800 more than the credit side.  

Which one of the following errors would fully account for the difference?  

A 

$400 paid for plant maintenance has been correctly entered in the cash book and 

credited to the plant asset account 

B 

A payment of $400 from a credit customer has been debited to accounts receivable 

C 

A receipt of $800 for commission receivable has been omitted from the records 

D 

The petty cash balance of $800 has been omitted from the trial balance