O-LevelAccountingVerification of accounting records7707/11 · May/June 2025 · Q111 Mark
Somraj's bank statement showed a credit balance of $740 at 31 January. Somraj compared the bank statement with his cash book and updated the cash book after he found the following: [Table with data: bank charges not recorded in the cash book $30, cheque paid but not presented to the bank $150]. What was the updated cash book balance at 31 January?
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A$590
B$620
C$860
D$890
✓ Correct answer
A: $590
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