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Deposit of $200 as $2,000.

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Question

Given the following errors;The bank recorded a deposit of $200 as $2,000.;The company's bookkeeper mistakenly recorded a deposit of $530 as $350.;The company's bookkeeper mistakenly recorded a payment of $250 received from a customer as $25 on the bank deposit slip. The bank caught the error and made the deposit for the correct amount.;The bank statement shows a check written by the company for $255 was erroneously paid (cleared the account) as $225.;The bookkeeper wrote a check for $369 but erroneously wrote down $396 as the cash disbursement on the company's records.;You are to complete the following task;For each error, describe to a recently hired bookkeeper how it would be shown on a cash reconciliation.

 

Paper#26881 | Written in 18-Jul-2015

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