Cash Flashcards
1
Q
Recite the steps to determine the balance per book vs the balance per bank
A
Balance per Books
+Deposits In Transit
- Outstanding Checks
+/- Bank errors/adjustments
FAR > Cash > Flashcards
Recite the steps to determine the balance per book vs the balance per bank
Balance per Books
+Deposits In Transit
- Outstanding Checks
+/- Bank errors/adjustments