Y's bank statement showed a credit balance of $2170 at 31 May 2004. An examination of the

Question:

Y's bank statement showed a credit balance of $2170 at 31 May 2004. An examination of the statement showed the following: 

(i) A direct debit for $300 had been debited twice in the bank statement 

(ii) A cheque for $1015 sent to a customer had not been presented for payment 

(iii) A cheque for $600 paid into the bank had not been credited in the bank statement. 

What was the cash book balance at 31 May 2004? 

A. $1455 

B. $2055 

C. $2285 

D. $2885

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: