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What is the correct cash balance as per bank

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Question - On 31 December, the bank statement of Jason Ltd shows a credit balance of $5,000. There is an outstanding deposit of $300, and an unpresented cheque of $600. Bank charges not recorded in the company's book amounts to $50. What is the correct cash balance as per bank on 31 December?

a. $5,250

b. $4,650

c. $5,300

d. $4,700

Reference no: EM132675777

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