The following information relates to a bank reconciliation
The bank balance in the cash book before taking items (2) to (5) was £17,940 overdrawn.
The bank has credited the account in error with £850 which belongs to another customer.
Bank charges of £1,100 on the bank statement have not been entered in the cashbook.
Cheques totalling, £10,760 have been correctly entered on the debit side of the cash book but have not been paid in the bank.
Cheque payments totalling £6,550 have been entered in the cash book but have not been presented for payment.
What was the balance as shown by the bank statement before taking the items above the account?

Question

Quizplus · Accepted Answer

The Answer of The following information relates to a bank reconciliation
The bank balance in the cash book before taking items (2) to (5) was £17,940 overdrawn.
The bank has credited the account in error with £850 which belongs to another customer.
Bank charges of £1,100 on the bank statement have not been entered in the cashbook.
Cheques totalling, £10,760 have been correctly entered on the debit side of the cash book but have not been paid in the bank.
Cheque payments totalling £6,550 have been entered in the cash book but have not been presented for payment.
What was the balance as shown by the bank statement before taking the items above the account?

The Following Information Relates to a Bank Reconciliation