Gce Model Questions Vol1 2020 Financial Accounting Question 42
Practice objective / multiple choice question 42 from the 2020 Gce Model Questions Vol1 Financial Accounting examination.
At 31 March the cash book shows a debit balance of £5,200. The bank statement balance is a debit £4,850. Outstanding checks total £720 and deposits in transit total £340. The bank has charged a fee of £45 that is not recorded in the cash book, and it has incorrectly credited a cheque of £210. After making all necessary adjustments, what is the corrected cash‑book balance?
Answer Options
About This Question
This is Gce Model Questions Vol1 2020 Financial Accounting Question 42. It is one of the objective questions from the 2020 Gce Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.