For which of the following adjustments would NO journal entry be required following completion of the bank reconciliation?
A) error by the bank
B) error by the company
C) note collected by the bank
D) NSF cheque.

Question

Quizplus · Accepted Answer

An error by the bank does not require a journal entry by the company, as it is the bank's mistake and will be corrected by the bank itself.

For Which of the Following Adjustments Would NO Journal Entry