Sallys balance in her cash book is $160 debit. However her bank statement shows a...
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Accounting
Sallys balance in her cash book is $160 debit. However her bank statement shows a different amount. On investigation, Sally discovered the following:
1. A cheque that Sally paid into the bank for K40 is still outstanding
2. A cheque for K60 paid by Sally to Molly has not yet been presented
3. Sally has forgotten to record a cash withdrawal of K30
4. When Sally inspects her bank statement she sees that the bank has deducted charges of K15 from her account
What is the balance on Sallys bank statement?
A K95
B K135
C K185
D K225
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