Neco 2025 Financial Accounting Question 6

Practice essay / theory question 6 from the 2025 Neco Financial Accounting examination. This question covers Cash Book .

Neco 2025 Financial Accounting Essay / Theory

Topic: Cash Book

Question 6 NECO • 2025 • FINANCIAL_ACCOUNTING • essay

The cash book of ABC Co. for the month of March is to be prepared. The following information is available:

Question Parts

( a )

Prepare a cash book (two‑column format with cash and bank columns) showing the opening balances, all receipts and payments, and the closing balances for both columns.

( b )

The bank statement for March shows a closing balance of ₦45,000. Reconcile the cash book bank balance with the bank statement, taking into account the outstanding cheque, deposits in transit and bank charges not yet recorded. State the adjusted cash book bank balance after reconciliation.

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About This Question

This is Neco 2025 Financial Accounting Question 6. It is one of the essay questions from the 2025 Neco Financial Accounting examination.

The question covers Cash Book .

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