Day: May 19, 2024

The following bank reconciliation statement has been partially completed for a company:

Overdraft per bank statement  £39,800

Deposits credited after date  £64,100

Outstanding cheques presented after date  £44,200

The credit balance in the cash book should be?

Select ONE answer:

1. £148,100
2. £19,900
3. £68,500
4. £59,700

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 2

1. Notcorrect
2. Correct –> (£39,800) + £64,100 – £44,200 = £19,900
3. Not correct
4. Not correct

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