Accounting 0452 · IGCSE · Bank reconciliation

Bank reconciliation — practice question

On 1 October 2021, a business’s bank statement showed a credit balance of $2690. By that date, cheques amounting to $850 had still not been presented for payment. What was the bank balance in the cash book on 1 October 2021?

  • A$1840 credit
  • B$1840 debit
  • C$3540 credit
  • D$3540 debit

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