The bank statement for Dale Traders at the end of June 1984 showed a balance on hand
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The bank statement for Dale Traders at the end of June 1984 showed a balance on hand of £ 1650, while the business accounting records show a balance at bank of £ 1960. Further examination reveals deposits not yet recorded by the bank of
£570 and unpresented cheques amounting to £295. In addition, bank charges for the month of June, amounting to £35, had not been entered in the business accounting records. The adjusted balance of cash at bank at the end ofJune 1984 is:
(a) £1685 ;
(b) £2210 ;
(c) £2260 ;
(d) £1925.
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Related Book For
Financial Accounting And Reporting An Introduction
ISBN: 978-0333346402
1985 Edition
Authors: R. Limmack
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