Accounting 0452 · IGCSE · Bank reconciliation

Bank reconciliation — practice question

A business bank statement recorded a credit balance of $280 on 31 December. On that date, cheques totalling $312 had not yet been presented. A standing order for $20 had been shown wrongly as $22 on the bank statement. What balance should appear 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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