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answer question 2 A company's bank statement shows $715 direct debits and $353 investment income not recorded in the cash book. The bank statement does
answer question 2
A company's bank statement shows $715 direct debits and $353 investment income not recorded in the cash book. The bank statement does not show a customer's cheque for $875 entered in the cash book on the last day of the accounting period. If the cash book shows a credit balance of $610, what balance appears on the bank statement? A $1,847 debit B $1,847 credit $972 credit D $972 debit No.2 Given the facts in the question above, what is the figure for the bank balance to be reported in the final accounts? A $1,847 credit B $972 credit $972 debit D $1,847 debitStep by Step Solution
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