8. Which of the following may be used to compute for the adjusted balance of cash?...
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8. Which of the following may be used to compute for the adjusted balance of cash? Balance per bank statement + DIT - OC - Erroneous credit to the account made by the bank a. b. Balance per bank statement + DIT - OC + Erroneous credit to the account made by the bank c. Balance per bank statement + DIT - OC - Erroneous debit to the account made by the bank d. Balance per bank statement + DIT - OC, net of certified checks - Erroneous credit to the account made by the bank Inloaded bu iolrolle 8. Which of the following may be used to compute for the adjusted balance of cash? Balance per bank statement + DIT - OC - Erroneous credit to the account made by the bank a. b. Balance per bank statement + DIT - OC + Erroneous credit to the account made by the bank c. Balance per bank statement + DIT - OC - Erroneous debit to the account made by the bank d. Balance per bank statement + DIT - OC, net of certified checks - Erroneous credit to the account made by the bank Inloaded bu iolrolle
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The correct answer is Option D Explanation In calculation of Bank Reconciliation Statement ... View the full answer
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1119368458
7th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
Posted Date:
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