快速查题-ACCA英国注册会计师试题

Listed below are some possible causes of difference between the cash book balance and the bank statement balance when

preparing a bank reconciliation：1 Cheque paid in, subsequently dishonoured2 Error by bank3 Bank charges4 Lodgements

credited after date5 Unpresented cheques not yet presentedWhich of these items require an entry in the cash book?

In preparing a company's bank reconciliation statement at March 20X3, the following items are causing the difference between the cash book balance and the bank statement balance：1 Bank charges $3802 Error by bank $1,000 (cheque incorrectly

debited to the account)3 Lodgements not credited $4,5804 Unpresented cheques $1,4755 Direct debit $3506 Cheque paid in by the company and dishonoured $400Which of these items will require an entry in the cash book?

The following bank reconciliation statement has been prepared by a trainee accountant:

Overdraft per bank statement             3,860

Less: unpresented cheques                9,160

Add: deposits credited after date        5,300

                                                           16,690

Cash at bank as calculated above     21,990

What should be the correct balance per the cash book?

Which of the following statements about bank reconciliations are correct?

1 A difference between the cash book and the bank

statement must be corrected by means of a journal entry.

2 In preparing a bank reconciliation, lodgements recorded before  date in the cash book but credited by the bank after date should reduce an overdrawn balance in the bank statement.

3 Bank charges not yet entered in the cash book should be dealt with by an adjustment in the bank reconciliation statement.

4 If a cheque received from a customer is dishonoured after date, a credit entry in the cash book is required

The following information relates to a bank reconciliation.

(i) The bank balance in the cashbook before taking the items below into account was $8,970 overdrawn.

(ii) Bank charges of $550 on the bank statement have not been entered in the cashbook.

(iii) The bank has credited the account in error with $425 which belongs to another customer.

(iv) Cheque payments totalling $3,275 have been entered in the cashbook but have not been presented for payment.

(v) Cheques totalling $5,380 have been correctly entered on the debit side of the cashbook but have not been paid in at the

bank.

What was the balance as shown by the bank statement before taking the items above into account?

The following attempt at a bank reconciliation statement has been prepared by Q Co: $ 38,600Overdraft per bank statement

Add: deposits not credited 41,200 79,800Less: unpresented cheques 3,300Overdraft per cash book 76,500Assuming the bank statement balance of $38,600 to be correct, what should the cash book balance be?

The accountant at Investotech discovered the following errors after calculating the company's profit for 20X3:(a) A non-current asset costing $50,000 has been included in the purchases account(b) Stationery costing $10,000 has been included as

closing inventory of raw materials, instead of stationery expensesWhat is the effect of these errors on gross profit and net

profit?

A purchase return of $48 has been wrongly posted to the debit of the sales returns account, but has been correctly entered in

the supplier's account.Which of the following statements about the trial balance would be correct?

Two types of common errors in bookkeeping are errors of principle and errors of transposition.Which of the following correctly states whether or not these errors will be revealed by extracting a trial balance?Errors of principle Errors of transposition

Beta Co has total assets of $650,000 and profit for the year of $150,000 recorded in the financial statements for the year

ended 31 December 20X3. Inventory costing $50,000, with a resale value of $75,000, was received into the warehouse on 2

January 20X4 and included in the inventory value that was recorded in the financial statements at 31 December 20X3.What

would the total assets figure in the Statement of Financial Position, and the adjusted profit for the year figure, be after

adjusting for this error?

Total assets (SOFP) Profit for year