The amount of the outstanding checks is included on the bankreconciliation as a(
ID: 2458117 • Letter: T
Question
The amount of the outstanding checks is included on the bankreconciliation as a(n):a. deduction from the balance per depositor's records b. addition to the balance per bank statement c. deduction from the balance per bank statement d. addition to the balance per depositor's records The amount of the outstanding checks is included on the bankreconciliation as a(n):
a. deduction from the balance per depositor's records b. addition to the balance per bank statement c. deduction from the balance per bank statement d. addition to the balance per depositor's records
Explanation / Answer
The amount of the outstanding checks is included on the bankreconciliation as a(n)c. deduction from the balance per bankstatement