Refer to work paper 20-8. Suppose there was a third transfer on the interbank transfer

schedule for $16,500. Assume that the funds were transferred from the general cash account

to the payroll cash account. Also assume that the transfer was recorded in the client's cash

disbursements journal on 1/4/2016, and the check cleared the disbursing bank on 1/4/2016.

In addition, assume that the transfer was recorded in the client's cash receipts journal on

12/26/2015 and was received by the receiving bank on 12/26/2015. Discuss the concerns

you would have about this transfer.