5. An output debit for GST is: A [ ] An amount of GST paid B [ ] An amount of GST received C [ ] The balance of GST to be paid D [ ] The balance of GST to be received 6. Which of the following statements is correct? A [ ] a cheque is legal tender B [ ] a cheque is legal tender only when accepted C [ ] a cheque may be made legal tender through a 'special answer' on the cheque D [ ] an endorsement on the back of the cheque will make it legal tender E [ ] None of the above 7. Two parallel lines ( // ) across a cheque means that: A [ ] The cheque can be cashed by getting a 'special answer' on it B [ ] The cheque cannot be endorsed C [ ] The cheque can be banked and funds are available immediately D [ ] The cheque cannot be cashed even by endorsement of the payee 8. The balance on the bank statement shows a debit balance (overdrawn) at K300. There is one unpresented cheque of K50 and a deposit not credited of K550. The bank balance in the ledger is: A [ ] K100 (in funds) B [ ] K100 (overdrawn) C [ ] K200 (in funds) D [ ] K200 (overdrawn) E [ ] K950 (in funds) F [ ] K950 (overdrawn) 9. Which of the following would cause a cheque to be dishonoured? (i) A cheque is dated 8 September 2015 and is banked on 8 October 2016 (ii) A cheque is dated 4 October 2015 and is banked on 4 October 2016 (iii) Words and figures on a cheque do not agree (iv) An alteration has been made on a signed cheque without signatures against the alteration. A [ ] (i), (ii)