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On August 1, 20X1, the accountant for Western Exports downloaded the company's July 31, 20X1,...

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Accounting

On August 1, 20X1, the accountant for Western Exports downloaded the company's July 31, 20X1, bank statement from the bank's Website. The balance shown on the bank statement was $28,810. The July 31, 20X1, balance in the Cash account in the general ledger was $13,687. Jenny Iglesias, the accountant for Western Exports, noted the following differences between the bank's records and the company's Cash account in the general ledger. An electronic funds transfer for $14,900 from Defontaine Equipment, a customer located in France, was received by the bank on July 31. Check 1422 was correctly written and recorded for $1,200. The bank mistakenly paid the check for $1,230. The accounting records indicate that Check 1425 was issued

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