GCE Accounting 2022 Objective — Question 9
Question 9 of 50 from the General Certificate of Education (GCE) Accounting 2022 Objective paper, with the correct answer and a full explanation.
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Cash book balance (credit) $750; Uncredited cheques $500; Unpresented cheques $1,680; Direct credit $300; Bank charges $150. The adjusted cash book balance is
- A. $1,100 Cr
- B. $900 Cr
- C. $600 CrCorrect
- D. $300 Dr
Explanation
Adjusted cash book: 750 (Cr) - 300 (direct credit) + 150 (bank charges) = $600 Cr.
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