Waec Model Questions Vol1 2025 Financial Accounting Question 14
Practice objective / multiple choice question 14 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.
A bank reconciliation statement shows that the bank balance as per the cash book is ₦45,000, while the bank statement shows a balance of ₦50,000. If there are outstanding cheques of ₦10,000 and deposits in transit of ₦5,000, what is the adjusted bank balance as per the cash book?
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About This Question
This is Waec Model Questions Vol1 2025 Financial Accounting Question 14. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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