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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