GCE Accounting 2022 Objective — Question 10
Question 10 of 50 from the General Certificate of Education (GCE) Accounting 2022 Objective paper, with the correct answer and a full explanation.
Advertisement
Using the information in Q9, the balance as per bank statement is
- A. $1,430 Cr
- B. $580 DrCorrect
- C. $430 Cr
- D. $430 Dr
Explanation
Balance per bank statement = adjusted cash book (600 Cr) + unpresented cheques (1,680) - uncredited cheques (500) = 580 overdrawn (Dr).
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.