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Accounting question. please help Sally's balance in her cash book is $160 debit. However her bank statement shows a different amount. On investigation, Sally discovers
Accounting question. please help
Sally's balance in her cash book is $160 debit. However her bank statement shows a different amount. On investigation, Sally discovers the following:
(1) | A cheque that Sally paid into the bank for $40 is still outstanding |
(2) | A cheque for $60 paid by Sally to Molly has not yet been presented |
(3) | Sally has forgotten to record a cash withdrawal of $30 |
(4) | The bank has deducted charges of $15 from her account |
What is the balance on Sally's bank statement?
$135 | |
$95 | |
$225 | |
$185 |
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