Based on the schedule of interbank transfers above, which of the cash transfers would not appear as an outstanding check on the December 31, 2007 bank reconciliation?

Name: Based on the schedule of interbank transfers above, which of the cash transfers would not appear as an outstanding check on the December 31, 2007 bank reconciliation?
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Question

Quizplus · Accepted Answer

The transfer was made on December 31, 2007, but it was not outstanding on that date because it had already cleared the bank.

Based on the Schedule of Interbank Transfers Above, Which of the Cash