The following bank reconciliation statement has been prepared by a trainee accountant:
| BANK RECONCILIATION 30 SEPTEMBER 20X3 | |
| $ | |
| Balance per bank statement (overdrawn) | 9,210 |
| Add: lodgements credited after date | 12,810 |
| 22,020 | |
| Less: unpresented cheques | 10,905 |
| Balance per cash book (credit) | 11,115 |
Assuming the amounts stated for items other than the cash book balance are correct, what should the cash book balance be?
Answer
| $ | |
| Bank statement | (9,210) |
| Deposits credited after date | 12,810 |
| Unpresented cheques | (10,905) |
| Balance per cash book (o/d) | (7,305) |