Question
Evan Company's unadjusted bank balance on May 31 is $2923. An ANalysis of the bank statement revealed $941 of deposits in transit. In addition, the
Evan Company's unadjusted bank balance on May 31 is $2923. An ANalysis of the bank statement revealed $941 of deposits in transit. In addition, the bank statement showed a $557 collection of an account receivable that the bank made for Evan. The bank mistakenly deducted from Evan's account a $247 check. Evan's true cash balance is?
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Auditing And Assurance Services
Authors: Robert Ramsay, Timothy J Louwers
4th Edition
007739657X, 978-0077396572
