Question
When preparing a bank reconciliation what would cause the bank statement balance to be less than the adjusted cash balance in the general ledger? (Assume
When preparing a bank reconciliation what would cause the bank statement balance to be less than the adjusted cash balance in the general ledger? (Assume the bank is not in overdraft.) Group of answer choices
Bank fees
Outstanding cheques
Dishonoured cheques
Outstanding deposits
Which of the following would appear as a credit on the bank statement of Central Motors? Group of answer choices
A cheque paid by Central Motors to a supplier. Employees' salaries paid by electronic funds transfer.
A dishonoured cheque.
A cheque received by Central Motors from a customer
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