Alison Ltd's bank statement showed a debit balance of $7000 at 31 December.It also showed bank service charges of $1100 and a direct credit received from a customer for the company amounting to $300.Unpresented cheques were $700 and there was an outstanding deposit for $2300
-What was the final bank balance in Alison Ltd's ledger at 31 December?
A) $5400 Dr
B) $5400 Cr
C) $8600 Dr
D) $8600 Cr
Correct Answer:
Verified
Q24: Simon Ltd's bank statement showed a credit
Q25: On 30 June,the petty cash fund
Q26: Alison Ltd's bank statement showed a debit
Q27: In preparing a bank reconciliation statement for
Q28: Tell Ltd's bank statement showed a credit
Q30: Which of the following is NOT a
Q31: In preparing a bank reconciliation statement for
Q32: In preparing a bank reconciliation statement for
Q33: The debit recorded in the journal to
Q34: In preparing a bank reconciliation statement for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents