=+A5-2 During the preparation ofthe bank reconciliation for Colonial Co., Javier Frailey, the assistant controller, discovered that
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=+A5-2 During the preparation ofthe bank reconciliation for Colonial Co., Javier Frailey, the assistant controller, discovered that El Camino National Bank incorrectly recorded an $819 check written by Colonial Co. as $189. Javier has decided not to notify the bank but wait for the bank to detect the error. Javier plans to record the $630 error as Other Income ifthe bank fails to detect the error within the next three months.
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