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CASH AND CASH EQUIVALENTS 1. Bank reconciliation: Adjustments from bank balance: Deposits in transit, outstanding checks. Adjustments from book balance: Deposits not recorded, not sufficient
[Q1] The entity sold merchandise at the sale price of $50,000 on account. The cost of merchandise sold was $30,000. Prepare a journal entry to
Interim Financial Reporting APB Opinion 28, May 1973 “Interim Financial Reporting” Accounting principles Accounting principles for interim reports should be –> same as those for