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Activity 1: 1. During the reconciliation of companys cash account with its bank statement, what should the account holders look for? 2. These are deposits
Activity 1: 1. During the reconciliation of companys cash account with its bank statement, what should the account holders look for? 2. These are deposits already recorded in the companys book but not yet reflected in bank records. 3. There are items erroneously recorded by the bank. 4. These are items erroneously recorded by the company. 5. A check that was not honored by the bank of the entity issuing the check, on the grounds that the entity's bank account does not contain sufficient funds.
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