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Which one is it and why please? MC Qu. 9-10 On July 5, a company%u2019s accountan... On July 5, a company's accountant downloaded the firm's
Which one is it and why please?
MC Qu. 9-10 On July 5, a company%u2019s accountan... On July 5, a company's accountant downloaded the firm's June 30 bank statement from the bank website. The accountant noted that an electronic funds transfer for $9,800 from Terra Cota Cataluna, a customer located in Spain, bank on June 30 but had not been recorded in the company's accounting records. What effect will this transaction have on the company's June 30 bank reconciliation? was received by the Multiple Choice An addition to the balance in books. A deduction from the balance on bank statement. A deduction from the balance in books. An addition to the balance on bank statementStep by Step Solution
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