Please Refer to the Following Bank Reconciliation: Journal Entries

Multiple Choice

Please refer to the following bank reconciliation: Journal entries are required for the reconciling items on the book side because:

A) those transactions have already occurred, but have not been recorded yet on the company books.
B) the amounts are immaterial.
C) those transactions have not yet been recorded by the bank.
D) the adjusted balances on both sides are the same amounts.