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QUESTION
Tang Corporation received a bank statement showing a balance of $15,700 as of June 31, 2016. The firm's records showed a book balance of $15,262 on...
Tang Corporation received a bank statement showing a balance of $15,700 as of June 31, 2016. The firm's records showed a book balance of $15,262 on June 31. The difference between the two balances was caused by the following items.
