Which one of the items below appears on the bank statement but has not yet been accounted for in the cash book (unrecorded items)?
Understand the Problem
The question is asking which item appears on the bank statement but has not been recorded in the cash book, indicating it is an unrecorded item.
Answer
A direct payment from a debtor for R650.00 on the bank statement.
The item 'A direct payment from a debtor for R650.00 on the bank statement' is unrecorded in the cash book.
Answer for screen readers
The item 'A direct payment from a debtor for R650.00 on the bank statement' is unrecorded in the cash book.
More Information
Unrecorded items are those that appear in the bank statement but not in the company's cash book, often due to timing differences.
Tips
Mixing up timing differences and unrecorded items. Ensure the item is not accounted for in the cash book yet.
Sources
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