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  3. $180.00, no.284 for $269.00, no.862 for $226.00, n

$180.00, No.284 for $269.00, No.862 for $226.00, No.863 for $228.00, and No.864 for $182.00. Included...

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Accounting

$180.00, No.284 for $269.00, No.862 for $226.00, No.863 for $228.00, and No.864 for $182.00. Included with the statement was a credit memorandum of $230.00 indicating the collection of a note receivable for Sandhill Company by the bank on October 25. This memorandum has not been recorded by Sandhill.
The company's ledger showed one Cash account with a balance of $22,564.00. The balance included undeposited cash on hand. Because of the lack of internal controls, Bret took for personal use all of the undeposited receipts in excess of $3,819.00. He then prepared the following bank reconciliation in an effort to conceal his theft of cash.
Cash balance per books, October 31
$22,564.00
Add: Outstanding checks
No.862
No.863
No.864
Less: Undeposited receipts
Unadjusted balance per bank, October 31
Less: Bank credit memorandum
Cash balance per bank statement, October 31
$226.00
228.00
182.0023,020.00
3,819.00
19,201.00
(a) Prepare a correct bank reconciliation. (Hint: Deduct the amount of the theft from the adjusted balance per books.)(List items that
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