Use the information below to answer questions Balance as per cash book................N13560 Unpresented cheques.....................N5120 Uncredited...

JAMB 2007

Use the information below to answer questions

Balance as per cash book................N13560
Unpresented cheques.....................N5120
Uncredited lodgements...................N2300
Dividend received not entered
in the cash book........................N2000
Bank charges............................N280
Standing order payments.................N600
Balance as per bank statement............?

Calculate the balance in the bank statement.

A. N14 680
B. N15 560
C. 17 500
D. 16 380

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Correct Answer: Option C

Explanation

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