1. 6. If the opening balance in the bank account is R21 000, the amount of payments during the month is R22 400 and the amount of receipts are R3 000, what is the amount of the end balance for the bank account? A. R1 600 B. R40 400 When a bank statement shows a debit balance, it means overdraft as per bank statement? A. Waar / True B. Vals/False OB. C. R25 900 D. R14 700 2. A favourable/positive balance of the bank account implies? A. Oortrokke bank / Bank overdraft B. Kredietsaldo van die bankrekening / Credit balance of the bank account C. Debietsaldo van die bankrekening / Debit balance of the bank account O D. Aangepaste saldo van die bankrekening / Adjusted balance of bank account 7. If the final balance in the bank statement is R3 900 credit (Cr), unrepresented cheques equal to R500 and outstanding deposits total R900, the final balance in the business account is. . A. R4 300 Debiet / Debit B. R4 300 Krediet / Credit OC. R3 500 Krediet / Credit C. D. R3 500 Debiet / Debit 8. An unpresented cheque is a cheque given to a business creditor but the creditor has not yet presented it for payment to your business bank account? A. Waar / True B. Vals/False 3. 9. When the bank statement shows a credit balance, it means the balance per bank statement is an amount due from the Bank? A cash deposit made by the business will appear on the bank statement as balance? A. Credit B. Expenses C.Liability B.Debit C 10. A. Waar / True OB. B. Vals/False 4. The bank account in the general ledger shows a credit balance of R2 030.The bank reconciliation, however, shows that a debit order payment for R385 has been entered in the bank account twice and that a dishonoured cheque for R275 had been debited instead of been credited in the bank account. What is the correct overdraft balance? A. R1 800 B. R2 000 C. R2 500 D. R2 195 When the bank column of the cashbook shows a credit balance, it means overdraft or amount due is to the bank? A. Waar / True B. Vals/False 5. A overdraft in the bank statement is included in the statement of financial position as current asset? A. Waar / True B. Vals/False /