Gce Model Questions Vol1 2022 Commerce Question 38
Practice objective / multiple choice question 38 from the 2022 Gce Model Questions Vol1 Commerce examination.
The cash book of a business shows a debit balance of \(£5{,}200\) on 31 March. The bank statement for the same date shows a credit balance of \(£5{,}450\). The following items are noted: a deposit of \(£1{,}200\) recorded in the cash book but not yet reflected in the bank statement; cheque #102 for \(£850\) presented to the bank but not yet cleared; bank charges of \(£35\) shown on the statement but not recorded in the cash book; interest earned of \(£20\) shown on the statement but not recorded; and cheque #95 was entered in the cash book as \(£420\) whereas the actual amount was \(£240\). After adjusting the cash book for these items, what is the corrected cash book balance (in pounds)?
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About This Question
This is Gce Model Questions Vol1 2022 Commerce Question 38. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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