• 1 Marks

FA – May 2018 – L1 – SA – Q7 – Bank Reconciliation

Identifies the type of cheque not yet reflected in the bank statement.

A cheque payment recorded in the cash book, but not yet reflected in the bank statement is:
A. Uncredited cheque
B. Dishonoured cheque
C. Standing order
D. Unpresented cheque
E. Undebited cheque

D

Explanation:
Option D is correct because an unpresented cheque refers to a cheque that has been issued and recorded in the cash book but has not yet been processed by the bank, meaning it does not yet appear in the bank statement. This is a common reconciliation item in the bank reconciliation process.

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