Multiple Choice
When you compare the general ledger or bank account transactions report with the bank statement -
A) both records reveal a balanced position
B) all deposits made are recorded on the bank statement
C) interest and monthly fee amounts are not able to be matched to the cash account
D) all the cheques issued have been cashed by the bank
Correct Answer:

Verified
Correct Answer:
Verified
Q10: When should you not display and print
Q11: To reconcile a cheque on a deposit
Q12: Which one of the following general statements
Q13: Before using the deposit slip journal for
Q14: To set up the accounts for recording
Q16: Cash and cheques are recorded differently on
Q17: You will have an unresolved reconciliation amount
Q18: To enter NSF cheques when deposit slips
Q19: Automatic fixed monthly payments such as auto
Q20: Which one of the following general statements