cherry222

In my opinion, the answer should be $72,500 overdrawn. Who can explain it for me? Thanks! I think the item:"Lodgements recorded on 30 June 2005 but credited by the bank on 2 July $14,700." should be deducted from the bank balance.

$72,500=38600+14700+27800-200-4200-4200

Am I right?