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Author Question: The following information applies to the questions below.Listed below are four interbank cash ... (Read 7 times)

jordangardner

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on: Aug 21, 2022
The following information applies to the questions below.

Listed below are four interbank cash transfers, indicated by the numbers 1, 2, 3, and 4, of a client for late December 2015 and early January 2016:

Bank Account One 
Disbursing Date
(Month/Day)
Per Bank Per Books
1. 12/31 12/30
2. 1/2 12/30
3. 1/3 12/31
4. 1/3 12/31		Bank Account Two
Receiving Date
(Month/Day)
Per Bank Per Books
12/31 12/30
12/31 12/31
1/2 1/2
1/2 12/31

Based on the schedule of interbank transfers above, which of the cash transfers would appear as a deposit in transit on the December 31, 2015 bank reconciliation?
◦ 1
◦ 2
◦ 3
◦ 4
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by jordangardner on Aug 21, 2022

dsfhkjdfaskjfdsjk

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Reply #1 on: Aug 21, 2022
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jordangardner

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Reply 2 on: Aug 21, 2022
:D TYSM

bulacsom

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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