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Paper 2Structured Written Paper2 marks
A business has a cash book that needs to be reconciled with its bank statement.
Description
Bank Reconciliation Statement
The cash book shows a balance of £5,000. The bank statement shows a balance of £4,800. There are bank fees of £50, interest received of £20, and a cheque of £200 that has not yet been presented.
- a[2]
Calculate the adjusted cash book balance after accounting for bank fees and interest received.
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