Multiple Choice
At May 31, Michaelis Company has outstanding checks totaling $19,600. The bank reconciliation for May should show these checks as a(n) :
A) Deduction from balance per bank statement
B) Addition to balance per bank statement
C) Addition to balance per general ledger
D) Deduction from balance per general ledger
Correct Answer:
Verified
Correct Answer:
Verified
Q27: Watkis Company received its February bank statement,
Q28: Windham Company developed the following reconciling information
Q29: If the Four Corners Company's accountant mistakenly
Q30: In reconciling the January bank statement, the
Q31: During its year-end bank reconciliation, Farley Company
Q33: The following information was used in reconciling
Q34: Bash Bowling Company prepares bank reconciliations that
Q35: Which of the following items would you
Q36: Marathon, Inc.'s April bank statement shows an
Q37: Which of the following bank reconciliation items