Bank Recon

Business received a cheque of $2,000 from credit customer and deposited the cheque.

At this moment, which of the following account/statement is lagging behind?

• Cash at bank

• Bank statement

• None

A credit customer made a direct deposit to your business bank account of $1,800 for amount owing. At this moment, which of the following account/statement is lagging behind?

• Cash at bank

• Bank statement

• None

Utilities expense of $4,000 was paid via a standing order.

At this moment, which of the following account/statement is lagging behind?

• Cash at bank

• Bank statement

• None

Business issued a cheque of $1,200 for payment to a credit supplier for amount owing. However, the cheque was not banked in by the supplier. 

At this moment, which of the following account/statement is lagging behind?

• Cash at bank

• Bank statement

• None

Bank auto-deduct an bank charge of $10 from the business bank account.

At this moment, which of the following account/statement is lagging behind?

• Cash at bank

• Bank statement

• None

On Feb 26, the bank rejected the cheque of $280 deposited on Feb 25 due to wrong signature.

At this moment, which of the following account/statement is lagging behind?

• Cash at bank

• Bank statement

• None

On 31 Dec 2022, a Business received a cheque of $350 and deposited on the same day. When will this transaction appear in the bank statement?

• Bank statement for Dec 22

• Bank statement for Jan 23

• None