Simon Ltd's Bank Statement Showed a Credit Balance of $14

question 25

Multiple Choice

Simon Ltd's bank statement showed a credit balance of $14 000 at 31 October.It also showed bank service charges of $2200 and a direct credit received from a customer amounting to $600.Unpresented cheques were $1400 and there was an outstanding deposit for $4600.
-What was the final bank balance in Simon Ltd's ledger at 31 October?

• A) $10800 Dr
• B) $10800 Cr
• C) $17200 Dr
• D) $17200 Cr

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