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As at 30 June 20x2, the deposits awaiting clearance is RM9,120 and cheques yet to be presented for payment is RM10,795: whilst the bank balance
As at 30 June 20x2, the deposits awaiting clearance is RM9,120 and cheques yet to be presented for payment is RM10,795: whilst the bank balance recorded in the cash book is RM4,740. Given the circumstances, what would be the bank balance for Siti Cookies as at 30 June 20x2 as reported in the bank statement? Select one: a. RM3,065 overdraft b. RM6,415 C. RM6,415 overdraft d. RM3,065
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Business Finance: Theory And Practice
Authors: Eddie McLaney
6th Edition
9780273673569
