Shannons account at Commerce Bank has a balance of $1,200. Shannons account number is 1236. Requirement 1.

Question:

Shannon’s account at Commerce Bank has a balance of $1,200. Shannon’s account number is 1236.
Requirement
1. Assuming the bank uses encryption for customer account numbers and the last digit is a check figure, show the mathematical formula the bank used to generate the last digit in Shannon’s account.

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Related Book For  book-img-for-question

Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

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