The reconciling item in a bank reconciliation that will result in an adjusting entry by the depositor

Question:

The reconciling item in a bank reconciliation that will result in an adjusting entry by the depositor is:

(a) outstanding checks.

(c) a bank error

(b) deposit in transit.

(d) bank service charges.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting Tools For Business Decision Making

ISBN: 9781119316022

8th Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

Question Posted: