While reconciling Snyder Company's bank statement an error was discovered. A $905 cash receipt for the collection of an account receivable was recorded in the company's books as $950. The deposit slip was correct; the error appeared only in the company's accounting records.

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The Answer of While reconciling Snyder Company's bank statement an error was discovered. A $905 cash receipt for the collection of an account receivable was recorded in the company's books as $950. The deposit slip was correct; the error appeared only in the company's accounting records.

While Reconciling Snyder Company's Bank Statement an Error Was Discovered