Question
As of June 30, Year 1, the bank statement showed an ending balance of $17,923. The unadjusted Cash account balance was $16,987. The following information
As of June 30, Year 1, the bank statement showed an ending balance of $17,923. The unadjusted Cash account balance was $16,987. The following information is available:
Deposit in transit, $2,735.
Credit memo in bank statement for interest earned in June: $20.
Outstanding check: $3,663.
Debit memo for service charge: $12.
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Auditing Principles A Systems Based Approach
Authors: Howard F. Stettler
5th Edition
0130517224, 9780130517227
