Question
Which of the following is not a reconciling item when preparing a bank reconciliation? Select one a. interest collected on a note receivable by the
Which of the following is not a reconciling item when preparing a bank reconciliation?
Select one
a. interest collected on a note receivable by the bank and recorded by the corporation
b. outstanding deposits
c. bank service charges not recorded by the corporation
d. outstanding cheques
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ANSWER b outstanding deposits An outstanding deposit is that amount of cash recorded by the receiv...
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Advanced Accounting
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
11th edition
538480289, 978-0538480284
