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In Account Reconciliation, One of the Steps in Calculating the Adjusted

Question 47

Multiple Choice

In account reconciliation, one of the steps in calculating the adjusted bank balance is:


A) deducting total withdrawals still outstanding from the bank balance.
B) deducting total deposits still outstanding from the bank balance.
C) adding the total credit card outstanding balance to the bank balance.
D) adding bank service charges to the bank balance.
E) subtracting interest paid on the account's balance for the period.

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