Gce Model Questions Vol1 2023 Financial Accounting Question 49
Practice objective / multiple choice question 49 from the 2023 Gce Model Questions Vol1 Financial Accounting examination.
A double‑column cash book shows a bank balance of \(8,500\) (debit). The bank statement for the same date shows a balance of \(9,200\). The following reconciling items are identified:\n- Deposits in transit: \(800\)\n- Outstanding checks: \(1,200\)\n- Bank charges: \(50\)\n- Interest earned: \(30\)\nAfter adjusting both the cash book and the bank statement, what is the amount of the unrecorded cheque that caused the discrepancy?
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About This Question
This is Gce Model Questions Vol1 2023 Financial Accounting Question 49. It is one of the objective questions from the 2023 Gce Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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