Which of the following items would require a journal entry following preparation of the bank reconciliation statement?
A) error by the bank
B) error by the company
C) unpresented cheques at end of the month
D) receipts not yet banked.

Question

Quizplus · Accepted Answer

An error by the company would require a journal entry to correct the company's books, as it affects the company's financial records.

Which of the Following Items Would Require a Journal Entry