Cash book balance in our system (video below)
The following bank reconciliation statement has been prepared by a trainee accountant:
| $ | |
| Balance per bank statement (overdrawn) | 9,210 |
| Add: lodgements credited after date | 12,810 |
| 22,020 | |
| Less: unpresented cheques | 10,905 |
| Balance per cash book (credit) | 11,115 |
Assuming the amounts stated for items other than the cash book balance are correct, what should the cash book balance be?
Answer
$
Bank statement (9,210)
Deposits credited after date 12,810
Unpresented cheques (10,905)
Balance per cash book (o/d) (7,305)