Accounting 0452 · IGCSE · Bank reconciliation

Bank reconciliation — practice question

At 31 January, Somraj’s bank statement had a credit balance of $740. He then reconciled the bank statement with his cash book and amended the cash book after noting these items: bank charges not recorded in the cash book: $30 cheque paid but not 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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