Storyboard Ltd Had an Unadjusted Bank Account Ledger Balance at 31

question 35

Multiple Choice

Storyboard Ltd had an unadjusted bank account ledger balance at 31 May of $800 Dr.The bank statement at the same date showed a balance of $1090 Cr.Bank service charges for the month were $10 and outstanding cheques totalled $400.The bank statement revealed that the bank had collected dividends for the firm of $50 and a deposit of $150 is not yet recorded on the statement.What is the corrected bank account ledger balance at 31 May?

• A)$440
• B)$840
• C)$990
• D)$1090

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