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cheques from customers (for September 1 ) in the amount of $540. The bookkeeper improperly entered one cheque in the books at $146.50. The cheque
cheques from customers (for September 1 ) in the amount of $540. The bookkeeper improperly entered one cheque in the books at $146.50. The cheque was actually written for $164.50 for supplies (expense) and cleared the bank during the month of August. Instructions a. Prepare a bank reconciliation dated August 31, 2023, proceeding to a correct balance. b. Prepare any entries that are needed to make the books correct and complete. c. What amount of cash should be reported on the August 31 SFP
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