Back to Questions
SSC Financial and Cost Accounting P-1 QUESTION #6107
Question 1

After Neil updated his cash book using the bank statement, which item would appear on the bank reconciliation statement (not in the updated cash book)?

  • Bank charges shown on the bank statement
  • Cheques not yet presented for payment✔️
  • Credit transfers received directly by the bank
  • Errors discovered in the cash book
Correct Answer Explanation

Option B is correct.

Unpresented cheques are written and recorded in the cash book but not yet presented to the bank — they are timing differences shown on the reconciliation.

  • A: Bank charges update the cash book.
  • C: Credit transfers update the cash book.
  • D: Cash book errors are corrected in the cash book.