Waec Model Questions Vol1 2020 Financial Accounting Question 27
Practice objective / multiple choice question 27 from the 2020 Waec Model Questions Vol1 Financial Accounting examination.
A bank statement dated 31 March shows a balance of ₦850,000. Deposits in transit amount to ₦45,000 and there are three outstanding checks of ₦12,000, ₦8,500 and ₦9,500. Bank service charges of ₦2,200 have not yet been recorded in the cash book, and a customer's cheque for ₦18,000 was returned unpaid and also not recorded. The cash book balance before adjustments is ₦820,000. What is the corrected cash book balance after all adjustments?
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About This Question
This is Waec Model Questions Vol1 2020 Financial Accounting Question 27. It is one of the objective questions from the 2020 Waec Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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