Courses of discrepancies between cashbook and bank statement - Jamb Accounts - Principles of Accounts Past Questions and Answers

Question 6:

• JAMB 2001

Given that the balance as per cash book after necessary adjustment was N4,315, unpresented cheques were N1,688 and the bank statement balance was N4,791, what was the balance of uncredited cheques?

A. N1,223
B. N1,212
C. N1,202
D. N1,115

Question 7:

• JAMB 2003

Which of the following is used to update the cash book in bank reconciliation?

A. Interest received and unpresented cheques
B. Commission and debit note
C. Unpresented cheques and direct credit
D. Interest received and direct credit

Question 8:

• JAMB 2003

Which of the following is used to update the cash book in bank reconciliation?

A. Interest received and unpresented cheques
B. Commission and debit note
C. Unpresented cheques and direct credit
D. Interest received and direct credit

Question 9:

• JAMB 2005

Yahya,s bank account shows a credit balance of N1500,000. He paid N1700,000 into the bank.
What is his expected balance?

A. Credit balance of N 200,000
B. Debit balance of N 200,000
C. Credit balance of N 3 200,000
D. Debit balance of N3 200,000

Question 10:

• JAMB 2006

X represents

A. Bank charges
B. An unpresented cheque
C. Dividends
D. An uncredited cheque