The following is the summary of a cash book as presented by S. Shore Ltd for the month of December 2020.
Receipts
8,000
Balance b/f
4,000
Balance c/d
8,000
Payments
12,000
16,000
16,000
On investigation you discovered:
1.
Payment for sundry expense of $70 was mistakenly recorded twice in the cash book
2. All dividends totaling $310 received are credited directly in the bank statement, however, no
entry was made in the cash book.
3. A $200 Cheque drawn for payment to F. Lowe was incorrectly recorded in the cash book as
$2,000.
4. Cheque 1027654 for $1,400 was received, and erroneously recorded on the credit side of the
cash book as $140.
What is the adjusted cash book balance?