by: Admin_LouisPosted on:

What is the cash book balance after the reconciliation?

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?

A N700

B N770

C N800

D N822

Answer is A

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