A-LevelAccountingReconciliation and verification9706/12 · Feb/Mar 2024 · Q111 Mark
The bank statement of a business shows a credit balance of $1570 at 31 December. The following differences were discovered on comparing the cash book with the bank statement. unpresented cheques $1250 uncredited bankings $1800 A direct debit of $230 was shown as $320 in the cash book. What is the updated cash book balance at 31 December?
A$930
B$1020
C$2030
D$2120
✓ Correct answer
D: $2120
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