On a bank reconciliation, which of the following would be deducted from the balance per books?
A) outstanding cheques
B) deposits in transit
C) electronic payment by a customer on account
D) bank service charges
Correct Answer:
Verified
Q58: Control over cash disbursements is generally more
Q59: A system of internal control can only
Q60: Having one person responsible for the related
Q61: A cheque in the amount of $425
Q62: An NSF cheque received from a customer
Q64: Outstanding cheques from the prior period which
Q65: On a bank reconciliation, which of the
Q66: A cheque written by the company for
Q67: An employee authorized to sign cheques should
Q68: Which one of the following would not
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents