WAEC Financial Accounting 2009 Question 19

Question 19

Banking and Bank Reconciliation

Which of the following does not appear in a bank statement?

  1. A.Dividend received
  2. B.Bank charges
  3. C.Uncredited cheques
  4. D.Dishonoured cheques
Show the answer and explanation

Answer: C (Uncredited cheques)

Explanation

Uncredited cheques are in the cash book but the bank has not yet credited them, so they are not on the statement.