Waec Model Questions Vol1 2025 Financial Accounting Question 41
Practice objective / multiple choice question 41 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.
A company has a bank balance of ₦50,000 as per its cash book. After reconciling with the bank statement, it was discovered that there were outstanding cheques totaling ₦15,000 and a bank charge of ₦1,000 not recorded in the cash book. What is the adjusted bank balance after reconciliation?
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About This Question
This is Waec Model Questions Vol1 2025 Financial Accounting Question 41. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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