Gce Model Questions Vol1 2018 Financial Accounting Question 32
Practice objective / multiple choice question 32 from the 2018 Gce Model Questions Vol1 Financial Accounting examination.
The cash book (two‑column) shows an opening cash balance of \(5,200\). Cash receipts for the month total \(18,750\) and cash payments total \(12,430\). The bank column of the cash book shows a balance of \(4,800\).\nThe bank statement for the same period shows a balance of \(5,050\) and lists the following items not yet recorded in the cash book:\n- Bank charge: \(30\)\n- A cheque issued for \(420\) that has not been presented\n- A cash deposit of \(250\) recorded in the cash book but not appearing on the statement\nAfter adjusting the cash book for these items, what is the corrected total cash‑book balance (cash column plus bank column)?
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About This Question
This is Gce Model Questions Vol1 2018 Financial Accounting Question 32. It is one of the objective questions from the 2018 Gce Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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