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Queston 26 Hot yet Following is the general format of a four-column bank reconciliation with the various categories and presentation of reconciling items numbered (1)
Queston 26 Hot yet Following is the general format of a four-column bank reconciliation with the various categories and presentation of reconciling items numbered (1) through (8) nswered Dints out of 00 Flag question Per Bank Statement Items to be added Items to be deducted Per Books Balance 10/31 SXXXXX 1 (2) SXXXXX November Receipts $XXXXX 3 November Disbursements $XXXXX 5 (6) $XXXXX Balance 11/30 $XXXXX 7 (8) $XXXXX $XXXXX Indicate the proper presentation of an 11/30 NSF check Select one: a. 6 and 7 O b. 3 and 7 O c 2 and 3 d. 4 and 8 O e 1 and 4 estion 27 Recognition of tax benefits in the loss year due to a loss carryforward requires: t yet swered nts out of 0 Flag question Select one: O a. The establishment of a deferred tax liability O b. The establishment of a deferred tax asset O c. The establishment of an income tax refund receivable O d. Only a note to the financial statements
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