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Calculate bank balance figure to be shown in the statement

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Question - Z's bank statement shows a balance of 825 overdrawn. The bank statement includes bank charges of 50, which have not been entered in the cash book. There are unpresented cheques totalling 475 and deposit not yet credited of 600. The bank statement incorrectly shows a direct debit payment of 160, which belongs to another customer. Calculate the bank balance figure to be shown in the statement of financial position?

Reference no: EM132088071

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