Gce Model Questions Vol1 2021 Financial Accounting Question 47
Practice objective / multiple choice question 47 from the 2021 Gce Model Questions Vol1 Financial Accounting examination.
The cash book of ABC Ltd for March ends with a closing cash balance of \(12{,}500\). After review, the following errors are identified: (i) a cash receipt of \(1{,}200\) from a customer was omitted; (ii) a payment of \(800\) for office supplies was recorded twice; (iii) a bank service charge of \(45\) was not entered. Assuming no other entries are missing or incorrect, what should be the corrected cash balance at 31 March?
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About This Question
This is Gce Model Questions Vol1 2021 Financial Accounting Question 47. It is one of the objective questions from the 2021 Gce Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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