Accounting 0452 · IGCSE · Bank reconciliation

Bank reconciliation — practice question

At 31 January, Somraj’s bank statement showed a credit balance of $740. He then checked the statement against his cash book and amended the cash book after discovering these items: bank charges not entered in the cash book $30 cheque paid but not yet presented to the bank $150 What was the revised cash book balance at 31 January?

  • A$590
  • B$620
  • C$860
  • D$890

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