Multiple Choice
A $250 bank deposit made on the last day of the month did not appear on this month's bank statement.How would this item be treated on the bank reconciliation?
A) It would be deducted from the book balance.
B) It would be added to the bank balance.
C) It would be deducted from the bank balance.
D) It would be added to the book balance.
Correct Answer:
Verified
Correct Answer:
Verified
Q78: When cash is received from a remote
Q114: A petty cash fund is a separate
Q115: Flynn Company's monthly bank statement showed the
Q116: Identify whether a company should debit (Dr)or
Q117: The cashier uses the cash register and
Q121: Flynn Company's monthly bank statement showed the
Q123: Which of the following items will require
Q125: Which of the following is not a
Q152: The entry recorded when the petty cash
Q177: The journal entry to establish a petty