JAMB - Accounts Principles Of Accounts (2018 - No. 49)
Use the information below to answer the question.
Calculate the balance in the bank statement.
| ₦ | |
|
Balance as per cashbook |
13560 |
|
Unpresented cheques |
5120 |
|
Dividend received |
2000 |
|
Uncredited cheque |
2300 |
|
Bank charges |
280 |
|
Standing order |
600 |
|
Balance as per bank statement |
? |
₦10,740
₦11,860
₦16,380
₦17,500
Explanation
BANK RECONCILIATION STATEMENT
| ₦ | ₦ | |
|
Balance as per cashbook |
|
13560 |
|
Unpresented cheques |
5120 |
|
|
Dividend received |
2000 | 7120 |
|
Uncredited cheque |
2300 | |
|
Bank charges |
280 | |
|
Standing order |
600 | 3180 |
|
Balance as per bank statement |
17500 |
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