Solved

The Bank Balance Shown in Jay's Cash Book at 31

Question 51

Multiple Choice

The bank balance shown in Jay's cash book at 31 October is £52,135.67. Receipts recorded in the cash book and paid into the bank, which have not yet been recorded as receipts on the bank statement at 31 October total up to £5,981.45. Payments recorded in the cash book that have not yet been listed as payments on the bank statement at 31 October add up to £4,621.40. The bank statement shows a direct payment to a supplier of £275.22 which has not been recorded in the cash book. What is the bank balance on the bank statement at 31 October once any necessary adjustments to the bank balance in the cash book have been made?


A) £50,500.40
B) £50,775.62
C) £51,050.84
D) £53,220.50

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents