The Diable Corporation wrote cheque #2375 for $1,325 on March 16. At March 31, the cheque had

Question:

The Diable wrote cheque #2375 for $1,325 on March 16. At March 31, the cheque had not cleared the company's bank account and was correctly listed as an outstanding cheque on the March 31 bank reconciliation. If the cheque has still not cleared the bank account on April 30, should it be included in the April bank reconciliation or not? Explain. Discuss. Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...