Accounting 0452 · IGCSE · Bank reconciliation

Bank reconciliation — practice question

A business bank statement showed a credit balance of $280 on 31 December. On that date, there were unpresented cheques totalling $312. A standing order of $20 had been recorded as $22 on the bank statement by mistake. What was the balance in the bank column of the cash book on 31 December?

  • A$30 credit
  • B$30 debit
  • C$34 credit
  • D$34 debit

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