Which of the following items on a bank reconciliation would require an adjusting entry on the company's books?
A)An error by the bank.
B)Outstanding checks.
C)A bank service charge.
D)A deposit in transit.

Question

Quizplus · Accepted Answer

A bank service charge is an expense that the company has not yet recorded in its books, so it requires an adjusting entry to account for this expense.

Which of the Following Items on a Bank Reconciliation Would