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    Exam 7: Reporting and Interpreting Cost of Goods Sold and Inventory
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    Bank Errors
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Bank Errors

Question 137

Question 137

Multiple Choice

Bank errors


A) are infrequent in occurrence.
B) are corrected by making an adjusting entry on the depositor's books.
C) must be corrected by debits.
D) occur because of time lags.

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