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    Financial Accounting Tools Study Set 6
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    Exam 7: Fraud, Internal Control, and Cash
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    A NSF Check for $328 from a Customer Was Returned
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A NSF Check for $328 from a Customer Was Returned

Question 157

Question 157

Essay

A NSF check for $328 from a customer was returned with the statement.
Instructions
a. Prepare a bank reconciliation for July 31.
b. Prepare any adjusting entries necessary as a result of the bank reconciliation.

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