Sigma’s bank statement shows an overdrawn balance of $38,600 at 30 June 2005. A check against the company’s
cash book revealed the following differences:
1   Bank charges of $200 have not been entered in the cash book.
2   Lodgements recorded on 30 June 2005 but credited by the bank on 2 July $14,700.
3   Cheque payments entered in cash book but not presented for payment at 30 June 2005 $27,800.
4   A cheque payment to a supplier of $4,200 charged to the account in June 2005 recorded in the cash book as
a receipt.
Based on this information, what was the cash book balance BEFORE any adjustments?
A   $43,100 overdrawn
B   $16,900 overdrawn
C   $60,300 overdrawn
D   $34,100 overdrawn

A