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in detail please. 16.12 The following attempt at a bank reconciliation statement has been prepared by Q Co: EA Overdraft per bank statement 38,600 Add:

in detail please.

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16.12 The following attempt at a bank reconciliation statement has been prepared by Q Co: EA Overdraft per bank statement 38,600 Add: deposits not credited 41,200 79,800 Less: unpresented cheques 3,300 Overdraft per cash book 76,500 Assuming the bank statement balance of $38,600 to be correct, what should the cash book balance be? $76,500 overdrawn, as stated $5,900 overdrawn $700 overdrawn $5,900 cash at bank (2 marks)

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