Multiple Choice
When doing an account reconciliation, interest earned on your account should be:
A) deducted from your checkbook ledger balance.
B) added to your checkbook ledger balance.
C) ignored because the bank has already recorded it.
D) listed as outstanding.
E) treated like a loan.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q60: INSTRUCTIONS: Choose the word or phrase in
Q61: The _ department of a bank provides
Q62: INSTRUCTIONS: Choose the word or phrase in
Q63: If a lump-sum deposit of $8,000 is
Q64: Which of the following is an electronic
Q66: Maggie wants to open a checking account
Q67: INSTRUCTIONS: Choose the word or phrase in
Q68: INSTRUCTIONS: Choose the word or phrase in
Q69: Low interest rates that have persisted since
Q70: Brent had $450 in his checking account