Question
You receive a confirmation from a supplier indicating the receipt of a payment of $50,000 on 1/3/Year 2 while the client's payment was recorded in
You receive a confirmation from a supplier indicating the receipt of a payment of $50,000 on 1/3/Year 2 while the client's payment was recorded in the cash disbursements journal at $15,000 on 12/25/Year 1. Record the necessary adjustments, if any.
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Principles Of Auditing And Other Assurance Services
Authors: Ray Whittington, Kurt Pany
21st Edition
978-1259916984
