Your client provides you with a bank reconciliation with the following reconciling items: Amount Remark 1,050,000 (155,780) Sent out on 30 December 20XX and

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Your client provides you with a bank reconciliation with the following reconciling items: Amount Remark 1,050,000 (155,780) Sent out on 30 December 20XX and cleared on 10 January 20XX+1 1,000 (4,100) Balance per the bank statement Outstanding cheque Bank charges Interest income Unknown Balance per cash ledger 108,880 1,000,000 A duplicate payment of 108,880 incorrectly made by the bank on 22 December 20XX. What should be the net adjustment to the bank balance in the ledger?