Which of the following items would not be a reconciling item on a bank reconciliation?
A)canceled checks
B)NSF checks
C)outstanding checks
D)bounced checks

Question

Quizplus · Accepted Answer

Canceled checks are checks that have already cleared and are not outstanding, so they do not need to be reconciled. The other options (NSF checks, outstanding checks, bounced checks) could all be reconciling items on a bank reconciliation.

Which of the Following Items Would Not Be a Reconciling