Accounting · Bank Reconciliation Statement
The following incomplete bank reconciliation statement was prepared by a trainee accountant: Overdraft per bank statement: $3,860 Less: Unpresented cheques: $9,160 Add: Outstanding lodgements: $5,300 Cash at bank as stated: $16,690 What should be the correct balance as per the cash book?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$3,670 overdrawn✓
- 2$11,390 balance at bank
- 3$3,670 balance at bank
- 4$21,990 balance at bank
Correct answer
$3,670 overdrawn
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