The following transactions have been processed on the VAT control account in October: Balance b/f 16,850 CR Output tax 132,430 Input tax 129,110 Payments to tax authority 16,000 What is the value of the balance carried forward into November? Enter your answer as a value with no sign, commas or decimal places, Answer: Which of the following is not relevant when undertaking the bank reconciliation? Select one: O A. Outstanding bankings O B. PAYE O C. Errors O D. Standing orders - At the end of October the bank ledger account of Post Ltd shows a debit balance of 10,210. The bank statement at the end of October displays a balance of 10,715 CR. Which TWO of the following scenarios could have caused this? Select one or more: A. A payment of bank interest for 65 has not yet been entered into the ledger and cheques worth 370 have not yet cleared the bank. B. A direct debit for 340 has not yet been entered into the ledger and bankings of 615 have not yet appeared on the bank statement C. Bankings of 1,710 have been recorded in the ledger but have not yet appeared on the bank statement and cheques worth 2,215 have not yet cleared the bank O D. Cheques worth 855 have not yet cleared the bank and the bank have credited 350 interest in error