Accounting 9706 · AS & A Level · Reconciliation and verification

Reconciliation and verification — practice question

A business is drawing up a bank reconciliation statement. The information given is as follows. uncleared lodgements $3450 unpresented cheques $2950 cash book balance $7650 credit What is the debit balance on the bank statement?

  • A$1250
  • B$7150
  • C$8150
  • D$14050

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