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On November 30 , Williams Company's Cash account had a balance of $32,020. On that date, the bank statement had a balance of $30,730. Analysis
On November 30 , Williams Company's Cash account had a balance of $32,020. On that date, the bank statement had a balance of $30,730. Analysis of the bank statement and comparison of the statement and records indicated the following: In reviewing the records, Williams Company also discovered the following error: A check for $290 in legal expense was incorrectly recorded on the books as $920 Required: Prepare a bank reconciliation
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