Mary's Ltd
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question 2 (L01; LO4)
Mary's Ltd bookkeeper after
analyzing the transactions of June
2022 found a cash balance of
€100,700 (CR). Considering there
were €41,600 in cheques not
presented in the Bank Statement.
Also, €7,400 of lodgments which
were not reflected in the Bank
Statement. After performing the
bank reconciliation, what is the
Bank Statement balance? Show
your workings
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