Question
Brief Exercise 7-16 Horton Corporation is preparing a bank reconciliation and has identified the following potential reconciling items. Indicate how each would be reported on
Brief Exercise 7-16 Horton Corporation is preparing a bank reconciliation and has identified the following potential reconciling items. Indicate how each would be reported on a bank reconciliation. (a) Deposit in transit $5,500. (b) Bank service charges $25. (c) Interest credited to Hortons account $31. (d) Outstanding checks $7,422. (e) NSF check returned $377.
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Auditing
Authors: David Ricchiute
8th Edition
0324226292, 978-0324226294
