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At 1 October 20X1, Bakaris bank overdraft was $3,270. During the year to 30 September 20X2, he issued cheques with a total value of $189,642.
At 1 October 20X1, Bakaris bank overdraft was $3,270. During the year to 30 September 20X2, he issued cheques with a total value of $189,642. His total lodgements during the year were $191,729. In addition, bank charges of $827 were incurred.
What is Bakaris bank balance brought forward at 1 October 20X2 as per his accounting records?
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