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Chapter 13

Cash book Bank statement

adjustments adjustments

Unrecorded items Timing differences

These are items which These items have been

appear in the bank statement recorded in the cash book,
before they are recorded in but due to the bank clearing
the cash book. process have not yet been
recorded in the bank
 interest statement.

 bank charges  outstanding/

unpresented cheques
 dishonoured cheques
 outstanding/uncleared
lodgements

Errors can occur in both the bank statement and the cash book.

Tutor notes guidance – discussion points

Take students through TYU 2 from Chapter 15 of the Study Text

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