Question
The incorrect bank reconciliation prepared by Rowe: Cash balance as per company records, 31 Oct $30 369.81 Add: Outstanding EFTs No. 862 $266.99 No. 863
The incorrect bank reconciliation prepared by Rowe: Cash balance as per company records, 31 Oct $30 369.81 Add: Outstanding EFTs No. 862 $266.99 No. 863 317.52 No. 864 231.39 675.90 31 045.71 Less: Undeposited receipts (5 313.71) Cash balance as per bank statement, 31 Oct $25 732.00 Required: a. Prepare a correct bank reconciliation statement.
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Auditing An International Approach
Authors: Bahram Soltani
1st Edition
9780273657736
