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Transatlantic Corporation recorded its May 25th receipts on its books as $96. However, the receipts were actually $43. The deposit slip for the bank was
Transatlantic Corporation recorded its May 25th receipts on its books as $96. However, the receipts were actually $43. The deposit slip for the bank was prepared correctly as $43. What adjustment is needed to the Cash balance book ?
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Solution Based on the information provided it appears that the Cash balance book of Transatlantic Co...
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
77639731, 978-0077639730
