Accounting 0452 · IGCSE · Bank reconciliation

Bank reconciliation — practice question

In Colin’s cash book, the bank column recorded a debit balance of $2134. After comparing the cash book with the bank statement, Colin found these items: a standing order paid by the bank in error $80, unpresented cheques $563, and uncredited deposits $376. What closing balance was shown on his bank statement?

  • A$2027 credit
  • B$2027 debit
  • C$2241 credit
  • D$2241 debit

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