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Bowen Ltd Received Its Monthly Bank Statement Showing a Balance

Question 29

Multiple Choice

Bowen Ltd received its monthly bank statement showing a balance of $35 894 Cr at 31 March. On this date cash received from debtors and not yet deposited at the bank totalled $8971 and outstanding cheques were $3465. The amount to appear as cash at bank on the 31 March balance sheet is:


A) $41 400
B) $44 865
C) $48 330
D) $35 894

Correct Answer:

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