Waec Model Questions Vol1 2023 Financial Accounting Question 17
Practice objective / multiple choice question 17 from the 2023 Waec Model Questions Vol1 Financial Accounting examination.
The cash book of XYZ Ltd shows a balance of ₦460,000. A cheque was mistakenly entered as ₦2,500 instead of the correct amount ₦2,350, causing an over‑statement of ₦150. Bank service charges of ₦1,200 and an NSF cheque of ₦3,400 have not yet been recorded in the cash book. Determine the corrected cash book balance after all adjustments.
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About This Question
This is Waec Model Questions Vol1 2023 Financial Accounting Question 17. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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