
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206 Exercise 21
Question relate to the following bank transfer schedule.

The tick mark ? most likely indicates that the amount was traced to the
A) Deposit in transit of the applicable bank reconciliation.
B) December cash receipts journal.
C) January cash receipts journal.
D) Year-end bank confirmations.

The tick mark ? most likely indicates that the amount was traced to the
A) Deposit in transit of the applicable bank reconciliation.
B) December cash receipts journal.
C) January cash receipts journal.
D) Year-end bank confirmations.
Explanation
Justification
The auditor traces the am...
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
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