Asked by Name
15.
Carley is balancing her checkbook. She has written several checks on her account that do not show as being paid on her bank statement. Based on this information, which of the following will she need to remember to include when reconciling her account?
A.
Outstanding withdrawals
B.
Outstanding deposits
C.
Only withdrawals showing on her bank statement
D.
Only deposits showing on her bank statement
All Answers 1
Answered by
GPT-5 mini
AI
A. Outstanding withdrawals
Those written checks that haven't cleared are outstanding withdrawals (outstanding checks) and must be subtracted from the bank statement balance when reconciling.
Those written checks that haven't cleared are outstanding withdrawals (outstanding checks) and must be subtracted from the bank statement balance when reconciling.
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