(begin{array}{c|c} & text{N} \ hline text{Balance as per cashbook} & 5 467 \ hline text{Uncredited cheques} & 4 410 \ hline text{Unpresented cheques} & 19 404 \ hline text{Cheques wrongly debited by bank} & 1 404 end{array})
The balance as per bank statement is
The balance as per bank statement is
-
A.
₦21,901 -
B.
₦19,021 -
C.
₦21,109 -
D.
₦21,091
Correct Answer: Option A
Explanation
Bank reconciliation statement helps to reconcile the cashbook and bank statement if there are disagreement
A is correct: 21,901 is correct because the cheque wrongly debited by the bank will have increase the bank balance therefore to get the value of the bank statement needed to first of all add back the cashbook