Multiple Choice
Which of the following would NOT be a reason for the difference between the bank balance in a business' accounting records and the balance per the bank statement?
A) deposits in transit.
B) outstanding cheques.
C) charges made directly by the bank.
D) the bank balance at the end of the previous period.
Correct Answer:

Verified
Correct Answer:
Verified
Q46: A business should deposit all cash receipts
Q47: An _ is a set of policies
Q48: Why is accounting for, controlling, and reporting
Q49: What is an internal control structure?
Q50: Describe the specific identification method of calculating
Q52: The fact that customers receive a copy
Q53: The Cash Account is the amount of
Q54: _ is the excess of a business'
Q55: An examination of the accounting records
Q56: A business' working capital is:<br>A) the excess