The balance per the bank statement is £56,859 on the 31st December 20X1. Per the cash book, £30,000 was transferred to the deposit account on the 31st December 20X1 (the bank had been telephoned and asked to action this) and a cheque for £500 had been issued to H. White a supplier. However, both transactions had not appeared on the bank statement. In addition, interest received of £1,800 was on the bank statement but had not been posted to the cash book.
The £30,000 transfer is an example of:

Question

Quizplus · Accepted Answer

The Answer of The balance per the bank statement is £56,859 on the 31st December 20X1. Per the cash book, £30,000 was transferred to the deposit account on the 31st December 20X1 (the bank had been telephoned and asked to action this) and a cheque for £500 had been issued to H. White a supplier. However, both transactions had not appeared on the bank statement. In addition, interest received of £1,800 was on the bank statement but had not been posted to the cash book.
The £30,000 transfer is an example of:

The Balance Per the Bank Statement Is £56,859 on the 31st