Instructions: (1) Prepare the bank reconciliation at September 30. (ii) Prepare the adjusting entries at September 30, assuming (1) the NSF check was from a customer on account, and (2) no interest had been accrued on the note.
Instructions: (1) Prepare the bank reconciliation at September 30. (ii) Prepare the adjusting entries at September 30, assuming (1) the NSF check was from a customer on account, and (2) no interest had been accrued on the note.
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 7TP: The bank reconciliation revealed that one deposit had cleared the bank two weeks after the date of...
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