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    Financial Accounting Study Set 25
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    Exam 7: Fraud, Internal Control, and Cash
  5. Question
    A Check Correctly Written for $270 Was Incorrectly Entered in the Cash
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A Check Correctly Written for $270 Was Incorrectly Entered in the Cash

Question 7

Question 7

Short Answer

A check correctly written for $270 was incorrectly entered in the cash payments journal for $720. In preparing a bank reconciliation, $_____________ must be ______________ the cash balance per ______________.

Correct Answer:

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