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Kyus Store has the following balances as of December 31, 2020. Bank Balance 70,000.00, Deposit in transit is 115,000.00, Outstanding Check is 60,000.00. Bank Service
Kyus Store has the following balances as of December 31, 2020.
Bank Balance 70,000.00, Deposit in transit is 115,000.00, Outstanding Check is 60,000.00.
Bank Service Charge is 1,000.00,
Other Information;
KYUs recordeD collection as 10,000.00 instead of 1,000.00
Note Collected by the Bank is 5,000.00
How much is the unadjusted book balance?
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Auditing Principles Techniques And Practices
Authors: Mustaq Ahmad, Mohd Ashraf Ali
1st Edition
8184841949, 978-8184841947
