ACCA FA2 Bank Balance 1
Sarah's bank ledger control account at 30 April shows a balance of $14,000. Comparison with the bank statement at the same time revealws the following differences:
$ | |
Unpresented cheques | 600 |
Bank charges not in cash book | 300 |
Receipts not yet credited by bank | 900 |
Dishonoured cheque not in cash book | 900 |
What is the correct bank ledger control account balance at 30 April?
Suggested solutions
$ | |
Bank Balance | 14,000 |
Less Bank charges not in cash book | (300) |
Less Dishonoured cheque not in cash book | (900) |
Bank balance at 30 April | 12,800 |
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