Accounting 0452 · IGCSE · Bank reconciliation

Bank reconciliation — practice question

On 31 October, a business bank statement showed a credit balance of $2690. By that date, cheques that had been issued but had not yet been presented amounted to $850. Calculate the bank balance in the cash book on 31 October.

  • A$1840\ \text{credit}$
  • B$1840\ \text{debit}$
  • C$3540\ \text{credit}$
  • D$3540\ \text{debit}$

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