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Bank sent debit memo of $500 to company as interest on overdraft. It wasn't entered in company's cash book. Identify the correct adjustment in cash
Bank sent debit memo of $500 to company as interest on overdraft. It wasn't entered in company's cash book. Identify the correct adjustment in cash book? a. Non-adjustable b. $1000 will be subtracted O C. $500 will be credited d. $500 will be debited
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Auditing And Assurance Services An Integrated Approach
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley
10th Edition
0131457349, 978-0131457348
