The details below relate to a company’s banking transactions on 31 December. Balance at bank according to the bank statement: $22650 credit. Bankings not yet cleared: $3110. Cheques not yet presented: $6290. Bank interest received was entered twice by the bank in error: $650. What amount should be shown as the bank balance in the statement of financial position on 31 December?
- A$18820
- B$20120
- C$25180
- D$26480