Multiple Choice
Use the information below to answer the following questions:
Tell Ltd’s bank statement showed a credit balance of $7000 at 30 November 2012. It also showed bank service charges of $1100 and the collection of a note for the company amounting to $300. Unpresented cheques were $700 and there was an outstanding deposit for $2300.
-What was the bank balance in Tell Ltd's books at 30 November 2012 before the adjustments?
A) $7800 DR
B) $7900 CR
C) $8600 CR
D) $9400 DR.
Correct Answer:
Verified
Correct Answer:
Verified
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