Gce Model Questions Vol1 2023 Financial Accounting Question 34
Practice objective / multiple choice question 34 from the 2023 Gce Model Questions Vol1 Financial Accounting examination.
The cash book balance at 31 March is \(£6,000\). The bank statement balance is \(£5,800\). The following items are identified: deposits in transit of \(£200\); outstanding checks totalling \(£100\); a bank error where a credit of \(£50\) was omitted from the statement; and a bank service charge of \(£150\) not yet recorded in the cash book. After performing the bank reconciliation, what is the corrected cash book balance?
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About This Question
This is Gce Model Questions Vol1 2023 Financial Accounting Question 34. It is one of the objective questions from the 2023 Gce Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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