A $1000 cheque written on 30 June does not appear on the bank statement.

When preparing the bank reconciliation you should:

	1.	Add to the bank balance
	2.	Subtract from the book balance
	3.	Subtract from the bank balance
	4.	Add to the book balance

There are many internal controls over cash because:

	1.	it is a highly desired and easily concealed asset
	2.	it must be reported properly
	3.	it is not valuable outside the organisation
	4.	it is hard to convert into other assets

While preparing a bank reconciliation, which of the following items would be added to the bank statement balance?

	1.	Bank service charges
	2.	Outstanding cheques
	3.	Interest earned on the bank account
	4.	Deposits in transit

Thanks for your help!