Bank reconciliation — Paper 1 · IGCSE Accounting 0452

9 On 31 January, Somraj’s bank statement showed a credit balance of $740. Comparing the bank statement with the cash book he found the following. $ bank charges not recorded in the cash book 30 cheque paid but not presented to the bank 150 Somraj updated his cash book as required. What was the updated cash book balance on 31 January? A $590 B $620 C $860 D $890

1 marks

Answer: A

This question in 0452/12 Feb/March 2020

12 Peter’s bank statement showed a debit balance of $600 on 1 April. The following transactions took place in April. $ total cheque deposits 7400 total cheque payments 6200 direct debit for insurance premium 180 credit transfer from customer 450 What was the bank statement balance on 30 April? A $870 credit B $870 debit C $2070 credit D $2070 debit

1 marks

Answer: A

This question in 0452/11 May/June 2020

4 On 2 April Nina received a cheque from Zaffar, a credit customer. On 12 April the cheque was returned unpaid by the bank. What entry would Nina make on 12 April? account to be debited account to be credited A irrecoverable debts bank B irrecoverable debts Zaffar C provision for doubtful debts Zaffar D Zaffar bank

1 marks

Answer: D

This question in 0452/12 May/June 2020

13 What would result in a cash book balance being lower than the balance showing on a bank statement? A A cheque received from a customer was not recorded in the bank statement. B A customer’s cheque dishonoured by the bank appeared only on the bank statement. C Payment by a customer directly into the bank was not recorded in the cash book. D Payment of insurance by standing order was not recorded in the cash book.

1 marks

Answer: C

This question in 0452/12 May/June 2020

4 On 2 April Nina received a cheque from Zaffar, a credit customer. On 12 April the cheque was returned unpaid by the bank. What entry would Nina make on 12 April? account to be debited account to be credited A irrecoverable debts bank B irrecoverable debts Zaffar C provision for doubtful debts Zaffar D Zaffar bank

1 marks

Answer: D

This question in 0452/13 May/June 2020

13 What would result in a cash book balance being lower than the balance showing on a bank statement? A A cheque received from a customer was not recorded in the bank statement. B A customer’s cheque dishonoured by the bank appeared only on the bank statement. C Payment by a customer directly into the bank was not recorded in the cash book. D Payment of insurance by standing order was not recorded in the cash book.

1 marks

Answer: C

This question in 0452/13 May/June 2020

5 On 1 March 2020 the bank column of a cash book had a credit balance of $290. During March cheques totalling $580 were received and cheques totalling $610 were paid to suppliers. Bank charges of $12 incurred in February were also entered in the cash book. What was the balance of the bank column in the cash book on 1 April 2020? A $248 credit B $248 debit C $332 credit D $332 debit

1 marks

Answer: C

This question in 0452/11 Oct/Nov 2020

12 A trader’s bank statement showed a credit balance of $2940. The following items had not been entered in the cash book. $ bank interest received 70 credit transfer 280 What was the debit balance in the cash book before it was updated? A $2590 B $2730 C $3150 D $3290

1 marks

Answer: A

This question in 0452/12 Oct/Nov 2020

4 Which business document is used to update the cash book for standing order payments? A bank statement B cheque counterfoil C paying-in slip D receipt

1 marks

Answer: A

This question in 0452/13 Oct/Nov 2020

11 On 31 December 2020, the bank column in Farad’s cash book showed an overdrawn balance of $2000. The following items had not been entered in the cash book. $ standing order for rent 200 interest on bank overdraft 50 credit transfer from X Limited 2900 What was the corrected balance of the bank column in the cash book at 1 January 2021? A $650 credit B $650 debit C $1150 credit D $1150 debit

1 marks

Answer: B

This question in 0452/12 Feb/March 2021

8 Which item would not be shown on a bank statement? A a cheque returned by the bank marked as ‘refer to drawer’ B a monthly payment made for electricity by direct debit C bank charges D unpresented cheques

1 marks

Answer: D

This question in 0452/11 May/June 2021

12 Jamal’s bank statement at 1 May 2021 showed a bank overdraft of $1460. At that date there were unpresented cheques of $385 and uncredited deposits of $255. What was the cash book balance on 1 May 2021? A $1330 credit B $1330 debit C $1590 credit D $1590 debit

1 marks

Answer: C

This question in 0452/12 May/June 2021

12 Jamal’s bank statement at 1 May 2021 showed a bank overdraft of $1460. At that date there were unpresented cheques of $385 and uncredited deposits of $255. What was the cash book balance on 1 May 2021? A $1330 credit B $1330 debit C $1590 credit D $1590 debit

1 marks

Answer: C

This question in 0452/13 May/June 2021

11 The bank columns in a trader’s cash book and the bank statement both showed positive balances. A comparison revealed the following differences. $ uncredited cheque 200 bank charges not included in cash book 10 What was the difference between the balance shown in the bank column of the cash book and that shown on the bank statement? A The cash book balance was $190 higher than the bank statement balance. B The cash book balance was $190 lower than the bank statement balance. C The cash book balance was $210 higher than the bank statement balance. D The cash book balance was $210 lower than the bank statement balance.

1 marks

Answer: C

This question in 0452/11 Oct/Nov 2021

7 Farouk sells goods on credit. A cheque from Khalid, a credit customer, was dishonoured by the bank. How should Farouk record this? account to be debited account to be credited A bank Khalid B irrecoverable debts Khalid C Khalid bank D Khalid irrecoverable debts

1 marks

Answer: C

This question in 0452/12 Oct/Nov 2021

11 A standing order paid for rent has not been entered into the accounting records of a business. Which statement is correct? A Because the payment was made automatically, no additional entries are required in the accounting records. B Because the payment was made automatically, only an entry in the rent account is required. C Entries are required in the cash book and in the bank reconciliation statement. D Entries are required in the cash book and in the nominal (general) ledger.

1 marks

Answer: D

This question in 0452/12 Oct/Nov 2021

12 The bank statement of a business had a credit balance of $2690 on 1 October 2021. At that date cheques totalling $850 had not yet been presented for payment. What was the bank balance in the cash book on 1 October 2021? A $1840 credit B $1840 debit C $3540 credit D $3540 debit

1 marks

Answer: B

This question in 0452/12 Oct/Nov 2021

6 Farouk sells goods on credit. A cheque from Khalid, a credit customer, was dishonoured by the bank. How should Farouk record this? account to be debited account to be credited A bank Khalid B irrecoverable debts Khalid C Khalid bank D Khalid irrecoverable debts

1 marks

Answer: C

This question in 0452/13 Oct/Nov 2021

11 The bank columns in a trader’s cash book and the bank statement both showed positive balances. A comparison revealed the following differences. $ uncredited cheque 200 bank charges not included in cash book 10 What was the difference between the balance shown in the bank column of the cash book and that shown on the bank statement? A The cash book balance was $190 higher than the bank statement balance. B The cash book balance was $190 lower than the bank statement balance. C The cash book balance was $210 higher than the bank statement balance. D The cash book balance was $210 lower than the bank statement balance.

1 marks

Answer: C

This question in 0452/13 Oct/Nov 2021

12 Jack’s cash book showed an overdrawn balance at bank of $2600. Comparing the cash book with the bank statement, it was discovered that direct debits of $200 had not yet been recorded by Jack. He then updated his cash book. What was the bank balance in Jack’s updated cash book? A $2400 credit B $2400 debit C $2800 credit D $2800 debit

1 marks

Answer: C

This question in 0452/12 Feb/March 2022

11 Raj had a debit balance of $10 800 in the bank column of his cash book. He discovered that purchases, $890, paid by cheque, had been recorded as $980. The following appeared in the bank statement but had not been entered in the cash book. $ bank charges 76 interest received 120 What was the debit balance in the bank column of Raj’s cash book after adjusting for these items? A $10 514 B $10 666 C $10 754 D $10 934

1 marks

Answer: D

This question in 0452/11 May/June 2022

7 On 1 September, Peter sent a cheque to his credit supplier, John. This was correctly entered in John’s books. On 10 September, the cheque was returned unpaid due to lack of funds. Which entries should be made in John’s books on 10 September? account to be debited account to be credited A bank irrecoverable debts B bank Peter C irrecoverable debts bank D Peter bank

1 marks

Answer: D

This question in 0452/11 Oct/Nov 2022

13 Jamal’s bank statement on 1 September 2022 showed a bank overdraft of $1460. At that date there were unpresented cheques of $385 and uncredited deposits of $255. What was the bank balance in the cash book on 1 September 2022? A $1330 credit B $1330 debit C $1590 credit D $1590 debit

1 marks

Answer: C

This question in 0452/11 Oct/Nov 2022

13 Jamal’s bank statement on 1 September 2022 showed a bank overdraft of $1460. At that date there were unpresented cheques of $385 and uncredited deposits of $255. What was the bank balance in the cash book on 1 September 2022? A $1330 credit B $1330 debit C $1590 credit D $1590 debit

1 marks

Answer: C

This question in 0452/13 Oct/Nov 2022

12 On 31 July, the bank column in Jay’s cash book showed he had $312 in the bank. On the same date, his bank statement showed a debit balance of $53. It was found that bank charges, $47, had not been recorded in the cash book and a cheque, $318, from a customer had not been credited by the bank. What is the bank balance that should be shown in Jay’s statement of financial position on 31 July? A $265 asset B $324 liability C $359 asset D $371 liability

1 marks

Answer: A

This question in 0452/12 Feb/March 2023

12 Naila provided the following information at 31 August. $ debit balance in cash book at 31 August 449 uncredited deposits 424 unpresented cheques 175 interest charged in error by the bank 10 What was the credit balance on the bank statement at 31 August? A $190 B $210 C $688 D $708

1 marks

Answer: A

This question in 0452/11 May/June 2023

3 A cheque received from Kate, a credit customer, was dishonoured. How was this dishonoured cheque recorded? account account debited credited A bank Kate B Kate bank C Kate sales D sales Kate

1 marks

Answer: B

This question in 0452/12 May/June 2023

11 Waseem received a bank statement. He found that the bank had charged interest twice in error and that a dividend had been received on an investment. Waseem then updated the cash book and prepared a bank reconciliation statement. Where did he record these two items? bank error dividend A bank reconciliation statement bank reconciliation statement B bank reconciliation statement updated cash book C updated cash book bank reconciliation statement D updated cash book updated cash book

1 marks

Answer: B

This question in 0452/12 May/June 2023

11 Waseem received a bank statement. He found that the bank had charged interest twice in error and that a dividend had been received on an investment. Waseem then updated the cash book and prepared a bank reconciliation statement. Where did he record these two items? bank error dividend A bank reconciliation statement bank reconciliation statement B bank reconciliation statement updated cash book C updated cash book bank reconciliation statement D updated cash book updated cash book

1 marks

Answer: B

This question in 0452/13 May/June 2023

12 Alicia’s cash book showed a debit balance of $100 on her bank account. She compared her cash book to the bank statement and updated the cash book for the following items. $ credit transfer to a credit supplier 80 credit transfer from a credit customer 112 bank interest paid 19 What was the debit balance on the bank account after the cash book was updated? A $49 B $73 C $113 D $151

1 marks

Answer: C

This question in 0452/11 Oct/Nov 2023

13 The balance of cash at bank shown in the cash book is $1200. The bank statement at the same date shows the balance to be $1440. What could explain the difference? A payment to a supplier, $120, entered on the wrong side of the cash book B bank charges, $240, not in the cash book C cheques to suppliers, $240, not yet presented to the bank D receipts from customers, $240, banked but not yet entered in the bank statement

1 marks

Answer: C

This question in 0452/11 Oct/Nov 2023

12 The balance of the bank column in a trader’s cash book was $520 debit. The trader later discovered that the following items did not appear on his bank statement. cheque not yet presented $80 cheque not yet credited $470 What was the balance on the trader’s bank statement? A $130 credit B $130 debit C $910 credit D $910 debit

1 marks

Answer: A

This question in 0452/12 Oct/Nov 2023

12 Alicia’s cash book showed a debit balance of $100 on her bank account. She compared her cash book to the bank statement and updated the cash book for the following items. $ credit transfer to a credit supplier 80 credit transfer from a credit customer 112 bank interest paid 19 What was the debit balance on the bank account after the cash book was updated? A $49 B $73 C $113 D $151

1 marks

Answer: C

This question in 0452/13 Oct/Nov 2023

13 The balance of cash at bank shown in the cash book is $1200. The bank statement at the same date shows the balance to be $1440. What could explain the difference? A payment to a supplier, $120, entered on the wrong side of the cash book B bank charges, $240, not in the cash book C cheques to suppliers, $240, not yet presented to the bank D receipts from customers, $240, banked but not yet entered in the bank statement

1 marks

Answer: C

This question in 0452/13 Oct/Nov 2023

10 A trader has received her bank statement. What does she need to record when she is updating her cash book? A a bank error B a credit transfer C an uncredited deposit D the bank statement balance

1 marks

Answer: B

This question in 0452/12 Feb/March 2024

11 Colin’s cash book showed a debit balance of $2134 in the bank column. When Colin compared his cash book with his bank statement he discovered the following. $ a standing order paid in error by the bank 80 unpresented cheques 563 uncredited deposits 376 What was the closing balance shown on his bank statement? A $2027 credit B $2027 debit C $2241 credit D $2241 debit

1 marks

Answer: C

This question in 0452/12 Feb/March 2024

10 A business has received a bank statement. The bank statement shows the following entries. 1. a cheque issued to a credit supplier 2. a cheque received from a credit customer 3. a monthly rent payment made by standing order 4. charges made by the bank Which items appear in the debit column of the bank statement? A 1, 3 and 4 B 1 and 3 only C 1 only D 2

1 marks

Answer: A

This question in 0452/11 May/June 2024

11 On 31 May the bank statement of a business showed a positive bank balance of $1790. Comparing the bank statement with the cash book the following items were discovered. The bank had charged $35 in error. Unpresented cheques totalled $550. Uncredited deposits totalled $250. What was the cash book balance? A $1455 B $1490 C $1525 D $2125

1 marks

Answer: C

This question in 0452/11 May/June 2024

10 What would result in the cash book balance being lower than the bank statement balance? A A cheque received from a customer was not recorded in the bank statement. B A customer’s cheque dishonoured by the bank appeared only on the bank statement. C Payment by a customer directly into the bank was not recorded in the cash book. D Payment of insurance by standing order was not recorded in the cash book.

1 marks

Answer: C

This question in 0452/12 May/June 2024

11 The bank statement of a business showed a credit balance of $280 on 31 December. At that date there were unpresented cheques of $312. A standing order of $20 had been incorrectly entered as $22 on the bank statement. What was the balance in the bank column of the cash book on 31 December? A $30 credit B $30 debit C $34 credit D $34 debit

1 marks

Answer: A

This question in 0452/12 May/June 2024

10 What would result in the cash book balance being lower than the bank statement balance? A A cheque received from a customer was not recorded in the bank statement. B A customer’s cheque dishonoured by the bank appeared only on the bank statement. C Payment by a customer directly into the bank was not recorded in the cash book. D Payment of insurance by standing order was not recorded in the cash book.

1 marks

Answer: C

This question in 0452/13 May/June 2024

11 The bank statement of a business showed a credit balance of $280 on 31 December. At that date there were unpresented cheques of $312. A standing order of $20 had been incorrectly entered as $22 on the bank statement. What was the balance in the bank column of the cash book on 31 December? A $30 credit B $30 debit C $34 credit D $34 debit

1 marks

Answer: A

This question in 0452/13 May/June 2024

11 What is true about a bank statement? 1 It is a demand by the bank for repayment of an overdraft. 2 It shows a positive bank balance as a debit balance. 3 It shows transactions affecting the bank account in a given period. A 1 and 2 B 1 only C 2 and 3 D 3 only

1 marks

Answer: D

This question in 0452/11 Oct/Nov 2024

12 On 30 June the bank column in Farad’s cash book showed an overdrawn balance of $2000. The following items had not been entered in the cash book. $ standing order for rent 200 interest on bank overdraft 50 credit transfer from X Limited 2900 What was the corrected balance of the bank column in the cash book at 1 July? A $650 credit B $650 debit C $1150 credit D $1150 debit

1 marks

Answer: B

This question in 0452/11 Oct/Nov 2024

10 The bank statement of a business had a credit balance of $2690 on 31 October. At that date cheques issued which had not been presented totalled $850. What was the bank balance in the cash book on 31 October? A $1840 credit B $1840 debit C $3540 credit D $3540 debit

1 marks

Answer: B

This question in 0452/12 Oct/Nov 2024

11 The bank column of a trader’s cash book showed an overdrawn balance of $1200. When the trader compared the cash book with the bank statement he found the following items were not included in the cash book. $ bank charges 100 credit transfer 400 direct debit 60 What was the balance brought down in the bank column of the cash book after it was updated? A $960 credit B $960 debit C $1640 credit D $1640 debit

1 marks

Answer: A

This question in 0452/12 Oct/Nov 2024

11 What is true about a bank statement? 1 It is a demand by the bank for repayment of an overdraft. 2 It shows a positive bank balance as a debit balance. 3 It shows transactions affecting the bank account in a given period. A 1 and 2 B 1 only C 2 and 3 D 3 only

1 marks

Answer: D

This question in 0452/13 Oct/Nov 2024

12 On 30 June the bank column in Farad’s cash book showed an overdrawn balance of $2000. The following items had not been entered in the cash book. $ standing order for rent 200 interest on bank overdraft 50 credit transfer from X Limited 2900 What was the corrected balance of the bank column in the cash book at 1 July? A $650 credit B $650 debit C $1150 credit D $1150 debit

1 marks

Answer: B

This question in 0452/13 Oct/Nov 2024

13 Jamal’s bank statement at 1 May showed a bank overdraft of $1460. At that date, there were unpresented cheques of $385 and uncredited deposits of $255. What was the cash book balance at 1 May? A $1330 credit B $1330 debit C $1590 credit D $1590 debit

1 marks

Answer: C

This question in 0452/12 Feb/March 2025

11 Somraj’s bank statement showed a credit balance of $740 at 31 January. Somraj compared the bank statement with his cash book and updated the cash book after he found the following: $ bank charges not recorded in the cash book 30 cheque paid but not presented to the bank 150 What was the updated cash book balance at 31 January? A $590 B $620 C $860 D $890

1 marks

Answer: A

This question in 0452/11 May/June 2025

11 A trader was reconciling his bank statement with the updated balance of his cash book. There were unpresented cheques and uncredited deposits. The bank statement did not contain any errors. He started preparing his bank reconciliation statement with the credit balance on the bank statement. How did he arrive at his updated cash book balance? A by adding both unpresented cheques and uncredited deposits B by subtracting both unpresented cheques and uncredited deposits C by adding unpresented cheques and subtracting uncredited deposits D by subtracting unpresented cheques and adding uncredited deposits

1 marks

Answer: D

This question in 0452/12 May/June 2025

12 Mary is a trader. She has a debit balance in the bank column of her cash book. Mary has received her bank statement and needs to update her cash book to record the following items. 1 A credit customer, Sam, has settled his account using a credit transfer. 2 Mary lets part of her premises to Dennis who has paid his monthly rent by standing order. The bank balance is not overdrawn. How does recording these items affect the bank balance in Mary’s cash book? item 1 item 2 A decrease decrease B decrease increase C increase decrease D increase increase

1 marks

Answer: D

This question in 0452/12 May/June 2025

11 Somraj’s bank statement showed a credit balance of $740 at 31 January. Somraj compared the bank statement with his cash book and updated the cash book after he found the following: $ bank charges not recorded in the cash book 30 cheque paid but not presented to the bank 150 What was the updated cash book balance at 31 January? A $590 B $620 C $860 D $890

1 marks

Answer: A

This question in 0452/13 May/June 2025

12 After receiving her bank statement, Lyn updated her cash book. Which items would reduce the overdrawn balance in the cash book? 1 bank interest received 2 credit transfer received 3 direct debit payment A 1 and 2 B 1 and 3 C 2 and 3 D 3 only

1 marks

Answer: A

This question in 0452/12 Oct/Nov 2025

11 Which document is issued at regular intervals to show the transactions that have taken place between a business and its bank? A bank reconciliation statement B bank statement C statement of account D statement of affairs

1 marks

Answer: B

This question in 0452/13 Oct/Nov 2025

12 A standing order paid for rent has not been entered into the accounting records of a business. Which statement is correct? A Because the payment was made automatically, no additional entries are required in the accounting records. B Because the payment was made automatically, only an entry in the rent account is required. C Entries are required in the cash book and in the bank reconciliation statement. D Entries are required in the cash book and in the nominal (general) ledger.

1 marks

Answer: D

This question in 0452/13 Oct/Nov 2025