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1. bank charges of $2,340 have not been entered in the cash book
2. bank statement shows balance of $200 Dr
3. Cheque received but not yet banked amounted to $890
4. Direct debit has not been recorded in the ledger accountsFind the final balance of the cash book.
Q> why do we ignore the bank charges? if the bank charges have not been entered in the cash book, does it not mean it has not been charged in the cash book as a payment (i.e credited in the cash book)?
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