After preparing a bank reconciliation, adjustments must be made for items reconciling the book balance.

Question

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After preparing a bank reconciliation, adjustments may need to be made for items that reconcile the book balance, such as outstanding checks, deposits in transit, bank errors, or interest earned. These adjustments ensure that the book balance accurately reflects the cash balance in the bank account.

After Preparing a Bank Reconciliation, Adjustments Must Be Made for Items