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Please Refer to the Following Bank Reconciliation: No Journal

Question 29

Multiple Choice

Please refer to the following bank reconciliation: Please refer to the following bank reconciliation:   No journal entries are required for the reconciling items on the bank side because: A) those transactions have already been recorded in the company ledger. B) the adjusted balances on both sides are the same amounts. C) the amounts are immaterial. D) those transactions are already included in the bank balance at June 30. No journal entries are required for the reconciling items on the bank side because:


A) those transactions have already been recorded in the company ledger.
B) the adjusted balances on both sides are the same amounts.
C) the amounts are immaterial.
D) those transactions are already included in the bank balance at June 30.

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