Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 7 - Fraud, Internal Control, and Cash - Brief Exercises: BE7-9

Answer

The items requires adjustments in the depositors books: 1) Collection of Note 2) Bank Service Charges

Work Step by Step

The other items do not require adjustments, because these items are correctly recorded in the books of the depositor.
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