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RED SAGSkills
medium10 pts · first answer countsbank-reconciliation

Working out the bank statement balance

The cash book shows a debit balance of ₹50,000. Cheques issued but not yet presented are ₹8,000. Cheques deposited but not yet credited by the bank are ₹5,000. Bank charges of ₹500 are not yet in the cash book. What balance should the bank statement show?

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