A business’s bank statement displayed a credit balance of $3421, but this was not the same as the figure in the cash book. On checking further, it was found that a receipt of $125 recorded in the cash book and a payment of $455 had not yet been shown on the bank statement. The bank statement also included bank charges of $64 and a credit transfer of $177 that had not been entered in the cash book. What balance was recorded in the cash book before the required adjustments were made and a reconciliation statement was prepared?
- A$2978
- B$3091
- C$3204
- D$3421