Question
Dewitt Company gathered the following information in preparing its bank reconciliation on May 31: Cash balance per books, May 31, $3,500; deposits in transit, $1,150;
Dewitt Company gathered the following information in preparing its bank reconciliation on May 31: Cash balance per books, May 31, $3,500; deposits in transit, $1,150; note and interest collected by the bank, $850; bank service charge, $20; outstanding checks, $2,500; NSF check, $170. The adjusted cash balance per books at May 31 is
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MP Auditing And Assurance Services W/ACL Software CD ROM A Systematic Approach
Authors: William Messier Jr, Steven Glover, Douglas Prawitt
9th Edition
1259162346, 978-1259162343
