Multiple Choice
Which of the following bank reconciliation items would not require an adjusting entry on the depositor's books?
A) Bank service charge
B) Outstanding cheques
C) A customer's NSF cheque
D) Electronic payment on account
Correct Answer:

Verified
Correct Answer:
Verified
Q11: NSF cheques received are accounted for by
Q27: The extent of internal control activities adopted
Q38: An internal control system cannot be considered
Q41: When the cash account has a credit
Q66: Allowing only the treasurer to sign cheques
Q68: Island Corporation gathered the following reconciling information
Q73: Which of the following is(are) considered cash?<br>A)Debit
Q77: A key principle of cash management is
Q91: Cash equivalents are<br>A)often combined with cash and
Q161: The responsibility for ordering receiving and paying