Gce Model Questions Vol1 2025 Financial Accounting Question 37
Practice objective / multiple choice question 37 from the 2025 Gce Model Questions Vol1 Financial Accounting examination.
The cash book of a small charity shows a cash balance of \(£11,815\). The bank statement for the same period shows a balance of \(£13,200\). Outstanding checks amount to \(£1,200\), \(£800\) and \(£450\). Deposits in transit total \(£1,050\). The bank has charged fees of \(£35\) and credited interest of \(£20\) which have not yet been recorded in the cash book. After making all necessary adjustments, what should be the corrected cash book balance?
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About This Question
This is Gce Model Questions Vol1 2025 Financial Accounting Question 37. It is one of the objective questions from the 2025 Gce Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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