Principles of Accounting
12th Edition
ISBN: 9781133626985
Author: Belverd E. Needles, Marian Powers, Susan V. Crosson
Publisher: Cengage Learning
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Chapter 8, Problem 4P
1.
To determine
Prepare a bank reconciliation of Company S as of May 31, 2014.
2.
To determine
Prepare the journal entries necessary to adjust the accounts.
3.
To determine
Determine the amount of cash that should appear on Company S’s
4.
To determine
Discuss the reason behind considering a bank reconciliation as important control over cash.
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