On Dec 31, 20A, the bank statement on ABC company has an ending balance of 747,000. The ff data were assembled in the course of reconciling the bank balance: -The bank erroneously credited ABC company for 4,200 on Dec 23 -During the month, the bank charged back NSF checks amounting to 4,600 of which 1,600 had been redeposited by Dec 27. -Collection for Dec 31 totaling 20,600 was deposited on Jan 2, 20B -Checks outstanding on Dec 31 amounted to 60,400   Note collected by the bank for ABC company was 16,000 and the corresponding bank charge was 1,000. What is the unadjusted cash in bank per ledger on Dec 31, 20A?

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.