The following bank reconciliation statement has been prepared by a trainee accountant:
                                     Bank reconciliation 30 September 2002
$
Balance per bank statement (overdrawn) 36,840
add: Lodgements credited after date 51,240
88,080
less: Outstanding cheques 43,620
Balance per cash book (credit) 44,460
Assuming the amounts stated for items other than the cash book balance are correct, what should the cash book
balance be?
A $44,460 credit as stated
B $60,020 credit
C $29,220 debit
D $29,220 credit

D –$36,840 + $51,240 – $43,620 = $29,220 overdrawn