Your firm's cash book at 30 April 20X8 shows a balance at the bank of $2,490. Comparison with the bank statement at the same date reveals the following differences: $ Unpresented cheques 840 Bank charges not in cash book 50 Receipts not yet credited by the bank 470 Dishonoured cheque not in cash book 140 What is the adjusted bank balance per the cash book at 30 April 20X8? A $1,460 B $2,300 C $2,580 D $3,140
Your firm's cash book at 30 April 20X8 shows a balance at the bank of $2,490. Comparison with the bank statement at the same date reveals the following differences: $ Unpresented cheques 840 Bank charges not in cash book 50 Receipts not yet credited by the bank 470 Dishonoured cheque not in cash book 140 What is the adjusted bank balance per the cash book at 30 April 20X8? A $1,460 B $2,300 C $2,580 D $3,140
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 5E
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Question
Your firm's
bank statement at the same date reveals the following differences:
$
Unpresented cheques 840
Bank charges not in cash book 50
Receipts not yet credited by the bank 470
Dishonoured cheque not in cash book 140
What is the adjusted bank balance per the cash book at 30 April 20X8?
A $1,460
B $2,300
C $2,580
D $3,140
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