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    Accounting
  4. Exam
    Exam 7: Internal Control and Cash
  5. Question
    The Cash Balance in a Company's General Ledger and the Bank's
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The Cash Balance in a Company's General Ledger and the Bank's

Question 22

Question 22

True/False

The cash balance in a company's general ledger and the bank's balance on the bank statement will generally be different because of the time lag in recording transactions.

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