Question
The balance of the cash book is an overdraft of $765. The bookkeeper has identified an error whereby a customer receipt of $78 was recorded
- The balance of the cash book is an overdraft of $765. The bookkeeper has identified an error whereby a customer receipt of $78 was recorded twice. In addition, uncleared lodgements of $347 have been identified. What should be the overdraft on the bank statement? Calculate the result and explain.
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Horngrens Accounting
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood
10th Canadian edition Volume 1
978-0134213101, 134213106, 133855376, 978-0133855371
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