The Cash Amount Properly Shown on the Year-End Balance Sheet

Multiple Choice

The Cash amount properly shown on the year-end balance sheet is the

A) Balance in the general ledger account before the year-end bank reconciliation
B) Balance per the year-end bank statement
C) Balance per the year-end bank statement less deposits in transit and plus outstanding checks
D) Balance in the general ledger account after entries from the year-end bank reconciliation have been posted
E) None of the above