Accounting 0452 · IGCSE · Bank reconciliation

Bank reconciliation — practice question

Raj’s cash book showed a debit balance of $10800 in the bank column. He found that purchases worth $890, which had been settled by cheque, were entered as $980. The bank statement included the following items, but they were not yet recorded in the cash book: bank charges $76 interest received $120 What debit balance was shown in the bank column of Raj’s cash book after these items were adjusted?

  • A$10514
  • B$10666
  • C$10754
  • D$10934

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