Question
If you are working in a manufacturing company and you have three accounts in different banks, should you maintain a separate ledger account for each;
If you are working in a manufacturing company and you have three accounts in different banks, should you maintain a separate ledger account for each; and should your balance sheet show three different items of amount deposited in accounts? Discuss.
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Financial Accounting
Authors: Jan Williams, Susan Haka, Mark S Bettner, Joseph V Carcello
17th edition
978-1259692390
