Taylor's bank statement indicates that the balance of his checking account is $1362, but according to Taylor's check register, the balance of his account is $1398. Is it possible that Taylor transposed a 2-digit number in his check register? Why or why not?

Taylor's bank statement indicates that the balance of his checking account is $1362, but according to Taylor's check register, the balance of his account is $1398. Is it possible that Taylor transposed a 2-digit number in his check register? Why or why not?

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter8: Budgets And Bank Reconciliations

Section: Chapter Questions

Problem 1.9C

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