Question
Sunland Wyatt is unable to reconcile the bank balance at January 31. Sunland's reconciliation is as follows. Cash balance per bank $3,710.71 Add: NSF
Sunland Wyatt is unable to reconcile the bank balance at January 31. Sunland's reconciliation is as follows. Cash balance per bank $3,710.71 Add: NSF cheque 480.08 Less: Bank service charge 21.01 Adjusted balance per bank $4,169.78 Cash $4.191.98 Less: Deposits in transit 690.19 Add: Outstanding cheques Adjusted balance per books 710.01 $4,211.80
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Accounting Information Systems The Processes and Controls
Authors: Leslie Turner, Andrea Weickgenannt
2nd edition
9781118473030, 1118162307, 1118473035, 978-1118162309
