As at 31 December, the following details are given for a company’s banking transactions. Balance at bank according to the bank statement: $22\,650$ Deposits not yet cleared: $3\,110$ Cheques not yet presented: $6\,290$ Bank credit entered twice by the bank in error: $650$ What amount for bank should be shown in the statement of financial position at 31 December?
- A$18\,820$
- B$20\,120$
- C$25\,180$
- D$26\,480$