Question
The bank statement for Trainum Company contained the following items: a bank service charge of $70; a credit memo for interest earned, $75; and a
The bank statement for Trainum Company contained the following items: a bank service charge of $70; a credit memo for interest earned, $75; and a $170 NSF check from one of Trainum customers. Outstanding checks amounted to $400 ; a deposit in transit was $900.
Assuming that the unadjusted bank balance was $1,800, determine the unadjusted book balance.
A. 2,300
B.1,635
C. 2,700
D.2,465
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Operational Auditing A Complete Guide Practical Tools For Self Assessment
Authors: The Art Of Service Operational Auditing Publishing
2021 Edition
1867442043, 978-1867442042
