Section B: Financial Accounting Practice
Question 7
In this question, candidates were required to prepare:
(a) Adjusted Cash Book;
(b) Bank Reconciliation Statement.
Observation
Majority of the candidates attempted this question. The performance was good and high marks were gained in the question. Some of the candidates could not correctly differentiate between items to be posted in the cash book and those for bank reconciliation statement, hence, lost valuable marks.