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 adjusted bank account balance in the general ledger of Mafezini Cash and Carry before preparing the bank reconciliation statement will be:
A. R3 700 Dr
B. R3 700 Cr
C. R4 100 Dr
D. R4 100 Cr