Your firm’s cash book shows a credit bank balance of $1,240 at 30 April 2021. On comparison with the bank statement, you
Posted: Sun May 29, 2022 8:43 pm
Your firm’s cash book shows a credit bank balance of $1,240 at
30 April 2021. On comparison with the bank statement, you determine
that there are unpresented cheques totaling $450, and a receipt of
$140 which has not yet been passed through the bank account. The
bank statement shows bank charges of $75 which have not been
entered into the cash book.
Please provide solution. The balance on the bank statement is:
__________ Dr./Cr.
30 April 2021. On comparison with the bank statement, you determine
that there are unpresented cheques totaling $450, and a receipt of
$140 which has not yet been passed through the bank account. The
bank statement shows bank charges of $75 which have not been
entered into the cash book.
Please provide solution. The balance on the bank statement is:
__________ Dr./Cr.