Mafezini Cash and Carry ("Mafezini") operates a retail grocery shop in Ndlovu Park and all his transactions are channelled through the bank. On 31 August 2021, his bank account in the general ledger showed a debit balance of R2 600. The monthly bank statement up to 31 August 2021 showed a credit balance. On checking the bank account with the bank statement, it was discovered that the following transactions were not entered in the bank account:
A credit transfer (SARS VAT) refund of R400 had been collected by the bank, Stop orders of R100 for AA subscription and R170 for insurance premium had been paid by the bank and the bank charges amounted to R60, and A Singo, a customer, had made a direct deposit of R1 430 to the bank. A further check revealed the following: Two cheques, drawn in favour of B Hlela R260 and T Risele R280 had been entered in the bank account but had not been presented for payment AND A cheque deposit of R690 had been paid into the bank on 31 August but was not yet credited by the bank. The bank made an error a deposit of R1 200 was reflected in the bank statement as R2 100, this was correctly recorded in the bank account of Mafezini. What would have been the credit balance in the bank statement for 31 August 2021 assuming that the adjusted bank balance is a debit of R3 700?
A. R2 650 Dr
B. R2 650 Cr
C. R4 450 Dr
D. R4 450 Cr