Levels Tought:
Elementary,Middle School,High School,College,University,PHD
Teaching Since: | May 2017 |
Last Sign in: | 307 Weeks Ago, 4 Days Ago |
Questions Answered: | 66690 |
Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The Accounting Manager has informed you that the cash reconciliation is showing an un-reconciled difference to the bank statement of ($144,000), that is, the bank says you have more cash than you think you do. Through investigation, you have determined that the payroll clerk has not been crediting back employee contributions such as 401(k) and health insurance paid for by the employee. Prepare a journal entry to correct this amount.
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