Question
Ellen's Shop ledger balance is $8,900 and the bank balance for the month shows a balance of $10,650. However, there are $1,750 worth of outstanding
Ellen's Shop ledger balance is $8,900 and the bank balance for the month shows a balance of $10,650. However, there are $1,750 worth of outstanding checks issued by the company. The bank reconciliation for this item would be to:
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 1
1119048532, 978-1119048534
