The bank account had a debit balance of $5760 in the cash book at 31 May. The following items were identified when reconciling the bank account with the bank statement. $Amount not yet credited by bank: 900 Bank charges: 120 Dishonoured cheque: 340 Unpresented cheque: 740 What was the amount shown in the bank statement at 31 May?
✓ Correct answer
B: $5140
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill Reconciliation and verification and see which topics are most likely to come up next.
Sign up free →