Solved

Mojo Ltd Received Its Monthly Bank Statement Showing a Balance

Question 7

Multiple Choice

Mojo Ltd received its monthly bank statement showing a balance of $27 629 Cr at 31 January. On this date cash received from ratepayers and not yet deposited at the bank totalled $4321 and outstanding cheques were $857. The amount to appear as cash at bank on the 31 January balance sheet is:


A) $22 451.
B) $28 486.
C) $31 093.
D) $24 165.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions