Calculate the balance in the bank statement.

Use the information below to answer the question.

Calculate the balance in the bank statement.

Balance as per cashbook13560
Unpresented cheques5120
Dividend received2000
Uncredited cheque2300
Bank charges280
Standing order600
Balance as per bank statement?

A ₦10,740

B ₦11,860

C ₦16,380

D ₦17,500

Answer is A

BANK RECONCILIATION STATEMENT

Balance as per cashbook13560
Unpresented cheques5120
Dividend received20007120
Uncredited cheque2300
Bank charges280
Standing order6003180
Balance as per bank statement17500

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