Wilson Company had the following cash balance items listed in its trial balance at 12/31/2021: Peterson Savings and Loan: $ 64, 000 Right Bank: Clinton County Trust Bank: (12, 000) 24,000 If Wilson reports under IFRS, its 12/31/2021 balance sheet would show what cash balance?

Wilson Company had the following cash balance items listed in its trial balance at 12/31/2021: Peterson Savings and Loan: $ 64, 000 Right Bank: Clinton County Trust Bank: (12, 000) 24,000 If Wilson reports under IFRS, its 12/31/2021 balance sheet would show what cash balance?

Name: Wilson Company had the following cash balance items listed in its tri
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Description: Wilson Company had the following cash balance items listed in its trial balance at 12/31/2021:Peterson Savings and Loan:Right Bank:Clinton County Trust Bank:$ 64,000(12,000)24,000If Wilson reports under IFRS, its 12/31/2021 balance sheet would show

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter23: Statement Of Cash Flows

Section: Chapter Questions

Problem 5CE

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