In a bank reconciliation, outstanding checks are ? a) Added to the bank balance b) Subtracted from the bank balance c) Added to the book balance d) Ignored entirely
In a bank reconciliation, outstanding checks are ? a) Added to the bank balance b) Subtracted from the bank balance c) Added to the book balance d) Ignored entirely
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 15MC: Which of the following items are found on a book side of the bank reconciliation? A. beginning bank...
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![In a bank reconciliation, outstanding checks are
?
a) Added to the bank balance
b) Subtracted from the bank balance
c) Added to the book balance
d) Ignored entirely](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F56b09a3f-8d8c-465d-a278-be40d65c304b%2F6eb6838b-dc2f-43b0-8511-8d2aac6b27bf%2Flqwblf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In a bank reconciliation, outstanding checks are
?
a) Added to the bank balance
b) Subtracted from the bank balance
c) Added to the book balance
d) Ignored entirely
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