ZIMSEC O-Level Principles of Accounting
13Bank Reconciliation
Bank Reconciliation in ZIMSEC O-Level Principles of Accounting: what the syllabus expects you to know, the learning objectives and how to practise.
Topic34 practice questions2 lessons
Overview
Form 2: bank reconciliation statements. Form 3: errors, the updated cash book and bank overdrafts.
Learning objectives
What the syllabus expects you to be able to do.
- 13.1Form 2: define bank reconciliation statements, explain their importance, state the causes of differences and prepare them.
- 13.2Form 3: identify errors in the cash book and bank statement and draw up an updated cash book.
- 13.3Form 3: prepare bank reconciliation statements, including the treatment of a bank overdraft.
Lessons
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Bank reconciliation statements
35 min
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Bank statements and updating the cash book
30 min
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Sample question
A sample question on this topic. Answer it, check it, then read the worked answer.
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