After preparing a bank reconciliation, certain adjustments may be necessary to the cash account in the company records. The source for this journey entry could be the reconciliation of: a. The ending balance per bank statement to the adjusted cash balance b. The ending balance per company records to the adjusted cash balance c. All of the above d. None of the above
After preparing a bank reconciliation, certain adjustments may be necessary to the cash account in the company records. The source for this journey entry could be the reconciliation of: a. The ending balance per bank statement to the adjusted cash balance b. The ending balance per company records to the adjusted cash balance c. All of the above d. None of the above
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:After preparing a bank reconciliation, certain adjustments may be
necessary to the cash account in the company records. The source
for this journey entry could be the reconciliation of:
a. The ending balance per bank statement to the adjusted cash
balance
b. The ending balance per company records to the adjusted cash
balance
c. All of the above
d. None of the above
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