Brandon Company Bank Reconciliation May 31, 2020 Balance per books May 31 Add: Electronic Fund Transfer Deposit in transit Deduct: Bank charges NSF cheque, Rhonda Teal Outstanding cheques. Error in cheque #78: correctly issued and processed by the bank $ 1,060 2,455 10 500 1,800 $ 9,500 3,515 $13,015
Brandon Company Bank Reconciliation May 31, 2020 Balance per books May 31 Add: Electronic Fund Transfer Deposit in transit Deduct: Bank charges NSF cheque, Rhonda Teal Outstanding cheques. Error in cheque #78: correctly issued and processed by the bank $ 1,060 2,455 10 500 1,800 $ 9,500 3,515 $13,015
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 5EA: The bank reconciliation shows the following adjustments: Deposits in transit: $1,234 Outstanding...
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