hi everyone,
i need help with the question below:
Sally's cash book balance is $160debit.However her bank statement shows a different amount. On investigation, Sally discovers the following:
(1) A cheque deposit that Sally paid into the bank for $40 is still outstanding. (2) A cheque for $60 paid ny Sally to Edward has not yet been presented. (3) Sally has forgotten to record a cash withdrawal of $30 (4) The bank has deducted charges of $15 from her account
What is the balance on Sally's bank statement?
$95 $135 $185 $225
I keep getting $95 but it is not the correct answer. can someone please help me to understand where i am getting it wrong.
?Hi I am getting the same answer $95 but how is that not the right answer? I am new to this and I have my exam in 2 weeks time
