Multiple Choice
On a bank reconciliation, which of the following would be added to the balance per bank?
A) Outstanding cheques
B) Deposits in transit
C) Electronic payment by a customer on account
D) Bank service charges
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q15: A good internal control system will help
Q17: Cash restricted in use should be reported
Q37: Internal controls are concerned with all of
Q60: A bank reconciliation is generally prepared by
Q62: An employee authorized to sign cheques should
Q68: Physical controls are not designed to safeguard
Q70: Segregation of duties among employees eliminates the
Q86: Bonding means insuring a company against misappropriation
Q107: An NSF cheque received from a customer
Q110: Great Scott Corporation gathered the following reconciling