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At 31.3.22, the bank statement of McGill Lid showed a negative balance of $12,500. The cash book balance at that date was a credit balance
At 31.3.22, the bank statement of McGill Lid showed a negative balance of $12,500. The cash book balance at that date was a credit balance of $12,100. When comparing the bank statement to the cash book, it is evident that the bookkeeper was unaware that bank charges of $300 had been charged by the bank on 29.3.22 and a $1,200 cheque received and banked on 26.3.22 was bounced by the bank on 29.3.22. Uncleared receipts at 31.3.22, which went through the bank clearing system on 4.4.21, totalled $1,800. What was the total of the unpresented bank payments at 31.3.22 which went through the bank clearing system during April 2022? Select one answer: O E4,400 O E1,500 O E2,900 O E900
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