Neco Model Questions Vol1 2017 Financial Accounting Question 24

The cash book shows the following bank column entries for March:\n\nOpening balance: \(\text{₦}20,000\)\n\nReceipts:\n- Cash transferred from cash side: \(\text{₦}40,000\)\n- Interest received: \(\text{₦}3,000\)\n\nPayments:\n- Cheque to Supplier X: \(\text{₦}5,000\) (dated 5 Mar)\n- Cheque to Supplier Y: \(\text{₦}3,000\) (dated 12 Mar)\n- Bank service charge: \(\text{₦}200\) (dated 20 Mar)\n\nThe bank statement for the month shows:\nOpening balance: \(\text{₦}20,000\)\nDeposits credited: \(\text{₦}40,000\)\nCheques cleared: only the cheque to Supplier X of \(\text{₦}5,000\)\nService charge of \(\text{₦}200\) not yet presented\nClosing balance: \(\text{₦}27,000\)\n\nIdentify the amount of the outstanding cheque and any unpresented charge, and state the corrected cash‑book bank balance after reconciliation.