Correction of errors and bank reconciliation

Question 1 of 10

A dishonoured cheque from a customer is recorded in the cash book on the

Question 2 of 10

A suspense account has a debit balance of GH¢90 caused by discount allowed of GH¢45 being credited instead of debited. The correction is

Question 3 of 10

The bank statement shows an overdraft of GH¢1,200. Unpresented cheques are GH¢400 and uncredited deposits GH¢900. The cash book balance is

Question 4 of 10

A credit transfer received by the bank but not yet in the cash book is

Question 5 of 10

Bank charges shown on the bank statement but not yet in the cash book should be

Question 6 of 10

A suspense account balance of GH¢200 debit means the trial balance

Question 7 of 10

An error of commission occurs when an entry is

Question 8 of 10

Cheques sent to suppliers but not yet presented to the bank are

Question 9 of 10

Interest received credited by the bank should be

Question 10 of 10

A transaction left out of the books entirely is an error of