Maintaining financial records [AF-REC]
The cash book shows a bank balance of £4,200. Bank charges of £45 appear on the bank statement but not in the cash book. Cheques of £600 issued by the business have not yet been presented, and lodgements of £350 paid in have not yet cleared. What balance should the bank statement show?
£4,450
£3,905
£4,405
£5,105
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