Question
The cash account and the December bank statement of Gomez Company showed the following: deposits made by Gomez Company during December $99,000; deposits reflected on
The cash account and the December bank statement of Gomez Company showed the following: deposits made by Gomez Company during December $99,000; deposits reflected on the December bank statement, $95,200; and deposits in transit on November 30, $6,800. What was the amount of deposits in transit at the end of December?
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Managerial Accounting
Authors: Karen Braun, Linda S Bamber
2nd Edition
136091164, 978-0136091165
