No journal entries are required for the reconciling items on the bank side because:
A)those transactions have already been recorded in the company ledger.
B)the adjusted balances on both sides are the same amounts.
C)the amounts are immaterial.
D)those transactions are already included in the bank balance.

Question

Quizplus · Accepted Answer

The Answer of No journal entries are required for the reconciling items on the bank side because:
A)those transactions have already been recorded in the company ledger.
B)the adjusted balances on both sides are the same amounts.
C)the amounts are immaterial.
D)those transactions are already included in the bank balance.

No Journal Entries Are Required for the Reconciling Items on the Bank