The following bank reconciliation statement has been prepared by a trainee accountant: Bank reconciliation 30 September 2002 $ Balance per bank statement (overdrawn) 36,840 add: Lodgements credited after date 51,240 88,080 less: Outstanding cheques 43,620 Balance per cash book (credit) 44,460 Assuming the amounts stated for items other than the cash book balance are correct, what should the cash book balance be? A $44,460 credit as stated B $60,020 credit C $29,220 debit D $29,220 credit D –$36,840 + $51,240 – $43,620 = $29,220 overdrawn |