Accounting 0452 · IGCSE · Bank reconciliation

Bank reconciliation — practice question

Alicia’s cash book had a debit balance of $100 in her bank account. She reconciled the cash book with the bank statement and then adjusted the cash book for these items: credit transfer to a credit supplier $80; credit transfer from a credit customer $112; bank interest paid $19. What was the debit balance on the bank account after the cash book had been updated?

  • A$49
  • B$73
  • C$113
  • D$151

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