In preparing a bank reconciliation outstanding checks are
A) added to the balance per bank.
B) deducted from the balance per books.
C) added to the balance per books.
D) deducted from the balance per bank.

Question

Quizplus · Accepted Answer

Outstanding checks are those checks that have been written by the company but have not yet cleared the bank. Therefore, they should be deducted from the balance per bank to arrive at the correct balance.

In Preparing a Bank Reconciliation Outstanding Checks Are