Which of the following statements is false? If all reconciling items are accounted for in the Reconcile window, the difference will be the balance in the cash account. QuickBooks allows you to reconcile all cash accounts set up by the company. In the Reconcile window, once you select an account from the drop-down list, all activity for only that account is displayed. If after completing the reconciliation process a difference remains, it is probably due to an error, either on the part of the bank or the company