Accounts - Principles of Accounts
JAMB 1997
An examination of the cash book on 3rd August 1993 showed a different balance from the bank statement of 31st July, 1993 which read N722. Uncredited cheques were Bimpe N40; Wale N60 while unpresented cheques were; Usman N20, Kalu N32 and Musa N70. What is the cash book balance after the reconciliation?
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A.
N700
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B.
N770
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C.
N800
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D.
N822
Correct Answer: Option A
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