Question
8.Your firm had an opening account balance of $50,000 and $25,000 in checks were deposited this morning. At the end of the business day, the
8.Your firm had an opening account balance of $50,000 and $25,000 in checks were deposited this morning. At the end of the business day, the ledger balance is $75,000, while the collected balance is only $60,000. Why arent the two balances equal?
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Accounting Fraud, Maneuvering And Manipulation, Past And Present
Authors: Gary Giroux
2nd Edition
1947098748, 9781947098749
