2023 McIntyre Company adheres to a policy of depositing all cash receipts in | Assignments Online
2023 McIntyre Company adheres to a policy of depositing all cash receipts in | Assignments Online
Assignments Online 2023 Business Finance
McIntyre Company adheres to a policy of depositing all cash receipts in a bank account and making all payment by check. The cash account as of Dec. 31st has a credit balance of $1850, and there is no un-deposited cash on hand.
(a) Assuming no errors occurred during journalizing or posting, what caused this unusual balance?
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