Which statement is True?

a. The cash amount shown in the balance sheet must be the balance reported in the bank statement

b. An error made by the bank by charging an amount to the depositors account requires a correcting entry in the depositors own records

c. If the balance shown on a companys bank statement is less than the correct cash balance and neither the company nor the bank has made any errors, there must be Deposits in transit

d. If the cash balance shown on a companys accounting records is less than the correct cash balance and neither the company nor the bank has made any errors, there must be Outstanding checks.