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PROBLEM 2: The following information was obtained in connection with the audit of X Co.'s cash account as of December 31, 2016: Outstanding checks, Nov.

PROBLEM 2: The following information was obtained in connection with the audit of X Co.'s cash account as of December 31, 2016: Outstanding checks, Nov. 30, 2016 P16,250 Outstanding checks, Dec. 31, 2...

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