BANK STATEMENT
THE BANK STATEMENT SHOWS A BALANCE OF $731.37. THE COMPANY MAKES A LODGEMENT OF $50. WHAT IS THE NEW BALANCE?
$781.57
FAULTY CHEQUES ARE ALSO CALLED?
DISHONOURED CHEQUES
UNSCRAMBLE THE FOLLOWING:
NBKA ANCOTCU
BANK ACCOUNT
ANOTHER NAME FOR LATE LODGEMENTS?
UNCREDITED CHEQUES
BANK LODGEMENTS
DEPOSITS NOT YET CREDITED
ANOTHER NAME FOR THE RIGHT SIDE OF A BANK ACCOUNT
CREDIT
PAYMENTS
WHO PREPARES A BANK STATEMENT?
THE BANK
WHEN A BANK MAKES REGULAR PAYMENTS ON BEHALF OF THE BUSINESS
STANDING ORDER
ANOTHER NAME FOR OUTSTANDING CHEQUES
UNPRESENTED CHEQUES
ANOTHER NAME FOR THE LEFT SIDE OF THE BANK ACCOUNT
DEBIT/RECEIPT SIDE
THE DEBIT COLUMN SHOWS WHAT?
PAYMENTS/DEDUCTION/ CHEQUES PAID OUT/MONEY PAID OUT BY CHEQUE
DIRECT DEBITS ARE _________ BY THE BANK TO SHOW A DECREASE IN THE ACCOUNT
DEBITED
WHAT IS "DEPOSITS NOT YET CREDITED"?
CHEQUES RECEIVED BY THE BUSINESS BUT NOT YET LODGED INTO THE BUSINESS' ACCOUNT
CREDITED
THE CREDIT COLUMNS SHOWS WHAT?
CHEQUES DEPOSITED OR COLLECTED
A CUSTOMER PAYS DIRECTLY INTO THE BUSINESS' BANK ACCOUNT
CREDIT TRANSFER
TRUE OR FALSE:
"ERRORS SHOULD NOT BE CORRECTED WHERE THEY WERE MADE"
FALSE
ONE ENTRY FOUND IN THE CASHBOOK BUT NOT IN THE BANK STATEMENT.
UNCREDITED CHEQUES/LATE LODGEMENTS/BANK LODGEMENTS/DEPOSITS NOT YET CREDITED
UNPRESENTED CHEQUES/OUTSTANDING CHEQUES
WHICH SIDE OF THE CASHBOOK IS BANK?
DEBIT AND CREDIT SIDES
A RECORD PREPARED BY A BANK ABOUT A COMPANY'S FINANCIAL TRANSACTIONS
BANK STATEMENT
ONE REASON FOR A DISHONOURED CHEQUE?
INSUFFIENT FUNDS
WORDS AND FIGURES DO NOT MATCH
QUESTIONABLE SIGNATURE
WHAT IS YOUR TEACHER'S LAST NAME?
REYNOLDS
WHAT IS AN OUTSTANDING CHEQUE?
CHEQUES PAID OUT BY BUSINESS BUT RECEIVER HAS NOT CHANGED THE CHEQUE.
THE DEBIT SIDE IS $100 AND THE CREDIT SIDE IS $150. WHAT IS THE BALANCE ON THE BANK ACCOUNT?