Asked by Bill


Which of the following is a reconciling item on the bank side of a bank reconciliation?
a. both "outstanding checks" and "NSF checks"
b. canceled checks
c. outstanding checks
d. NSF checks

Answers

Answered by Writeacher
Well, it can't be C because the bank doesn't know about those until they're deposited.

So which of the other 3 possibilities is obvious?
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