Waec Model Questions Vol1 2020 Financial Accounting Question 47
Practice objective / multiple choice question 47 from the 2020 Waec Model Questions Vol1 Financial Accounting examination.
The cash book of XYZ Enterprises shows a closing debit balance of N85,000 on 31 March 2025. The bank statement for the same date shows a credit balance of N78,000. The following items are known: - Outstanding checks amount to N12,000. - Deposits in transit amount to N5,000. - The bank credited interest of N800. - An unrecorded bank service charge was deducted by the bank, but its amount is not shown in the cash book. After completing the bank reconciliation, the adjusted cash book balance must agree with the adjusted bank balance. What is the amount of the unrecorded bank service charge?
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About This Question
This is Waec Model Questions Vol1 2020 Financial Accounting Question 47. It is one of the objective questions from the 2020 Waec Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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