Cash balance items listed in its trial balance

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Reference no: EM131211347

Wilson Company had the following cash balance items listed in its trial balance at 12/31/2016: Peterson Savings and Loan: $50,000 Right Bank: ( 5,000) Clinton County Trust Bank: 10,000 If Wilson reports under IFRS, its 12/31/2016 balance sheet would show what cash balance?

Reference no: EM131211347

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Cash balance items listed in its trial balance : Wilson Company had the following cash balance items listed in its trial balance at 12/31/2016: Peterson Savings and Loan: $50,000 Right Bank: ( 5,000) Clinton County Trust Bank: 10,000 If Wilson reports under IFRS, its 12/31/2016 balance sheet would ..

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