Maria owns a retail business in São Paulo. Her updated cash book shows a debit balance of $2,340. The bank statement shows a credit balance of $2,860. There are unpresented cheques totalling $720 and uncredited deposits of $200. What is the correct balance shown on the bank reconciliation statement?

Q: How do I try a free CIE Accounting question?

Just tap any of the four options on this page — no signup, no card, nothing to install. You'll see the correct answer and a full mark-scheme-style explanation within a second. Each visit shows a fresh randomly-picked question from the live CIE IGCSE Accounting bank, so you can keep refreshing to try different ones before deciding whether to create a free account for daily access.

Q: Is Kramizo really free for CIE Accounting students?

Yes — completely free. Every student gets 45 questions a day on the free plan, across any board and any subject, with no card required and no trial countdown. Kramizo's optional Pro plan removes the daily cap and adds analytics, but the free plan is genuinely free forever. We make money from the small percentage of students who choose to upgrade — not from selling data or ads.

Q: Are the Accounting questions aligned to the CIE IGCSE syllabus?

Every question is written against the published CIE IGCSE Accounting syllabus and reviewed for accuracy before being added to the bank. We match the command words (state, describe, explain, evaluate), mark allocations, and difficulty tier you'll see on real CIE past papers. Explanations are written in the style of official examiner mark schemes so students learn exactly what marks are being awarded for.

Question

Maria owns a retail business in São Paulo. Her updated cash book shows a debit balance of $2,340. The bank statement shows a credit balance of $2,860. There are unpresented cheques totalling $720 and uncredited deposits of $200. What is the correct balance shown on the bank reconciliation statement?

Accepted Answer

$2,340 — Award 1 mark for correct answer. Working: Bank statement balance $2,860 + uncredited deposits $200 − unpresented cheques $720 = $2,340. This agrees with the updated cash book balance. B is incorrect — this deducts uncredited deposits instead of adding them. D is incorrect — this is the unadjusted bank statement balance. A is incorrect — this adds both items instead of deducting unpresented cheques.

Answer

$2,340

Answer

$3,380

Answer

$2,860

Answer

$2,140

One real Accounting question.No signup. 30 seconds.

One real Accounting question.
No signup. 30 seconds.