Performing a bank reconciliation

Reference no: EM133475128

Question: You are testing cash and are therefore performing a bank reconciliation. The year end is December 31, 2022. For each of the following items, explain what supporting evidence you would obtain to test them.

Your client wrote a cheque on December 31, 2022 (the last day of their fiscal YE) to pay for supplies. The cheque was not deposited until January 5^th.
Your client received a payment from a customer of $275, but made a typo and recorded it as $525.
The bank collected a receivable of $2,000 directly from one of the clients customer's.
The company recorded a $1,000 receipt from a customer but the bank statement indicated that the customer did not have enough funds in their account.

Reference no: EM133475128

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