BANK RECONCILIATION & PROOF OF CASH - AUDITING PROBLEMS CPA; AUDIT OF CASH Handout

AUDITING PROBLEMS CPA

AUDIT OF CASH Handout

1.2

BANK RECONCILIATION & PROOF OF CASH

Problem 1

The following data are gathered from the cash books and bank statement received from Davao

Bank by Grace Company:

 The cash in bank ledger account shows a debit balance of P290,438.50 as of May 31....