1.interest revenue earned on the account is a reconciling item that is typically ________ in order to reconcile the book balance to the bank statement.

a.added to the bank balance

b.subtracted from the bank balance

c.added to the book balance

d.subtracted from the book balance

2.an internal control of jones co is to reconcile general ledger accounts to their underlying source data. this procedure addresses which goal of internal controls?

a. ensuring accurate, reliable accounting records

b.promoting operational efficiency

c.encouraging employees to follow company policy

d.safeguarding assets