A Level Accounting (9706)•9706/11/O/N/24

Explanation
Bank Reconciliation for Timing Differences Steps:
- Identify cash book balance as overdraft of $7,680 (credit balance indicates negative).
- Note unpresented cheques ($3,450) increase bank statement balance relative to cash book (bank not yet debited).
- Note uncredited cheques ($2,490) decrease bank statement balance relative to cash book (bank not yet credited deposits).
- Calculate bank statement balance: -3,450 - 6,720 (debit balance of $6,720).
Not enough information: Standard calculation yields $6,720, not matching choices; ambiguous terminology or missing details prevent exact match to options.
Final answer: Not enough information.
Topic: Reconciliation and verification
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