The Municipality of Stonybank Had an Unadjusted Ledger Bank Balance

question 50

Multiple Choice

The municipality of Stonybank had an unadjusted ledger bank balance at 31 March of $28 000 Dr. The bank statement for the month shows a balance of $16 300 Cr. It also shows bank charges of $255 and dividends directly paid into the bank of $500. Deposits not yet credited are $14 545 and unpresented cheques are $2600. What is the cash at bank ledger balance at 31 March?

• A) $28 245
• B) $40 190
• C) $39 945
• D) $23 045

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