22 any point untl time has expired. The timer will continue to run if you leave the test.Your answers are saved automatically.Remaining Time: 1 hour, 23 minutes, 12 seconds.* Question Completion Status:A Moving to another question will save this response.Question 22Which of the following items appearing on a bank reconciliation require a journal entry to bring the Cash account up-to-date?O An error made by the bank in recording a depositO Outstanding checkO Check from customers returned as NSFO Deposit in transitA Moving to another question will save this response.

Bank reconciliation statement is a statement which is prepared to reconcile cash balance as per cash…

Which of the following items appearing on a bank reconciliation require a journal entry to bring the Cash account up-to-date? O An error made by the bank in recording a deposit O Outstanding check O Check from customers returned as NSF O Deposit in transit

Which of the following items appearing on a bank reconciliation require a journal entry to bring the Cash account up-to-date? O An error made by the bank in recording a deposit O Outstanding check O Check from customers returned as NSF O Deposit in transit

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter7: Accounting For Cash

Section: Chapter Questions

Problem 2CE

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Concept explainers

Loanable Funds Theory

The loanable funds theory is a neoclassical theory that determines the interest rate where the demand for loanable investments and supply of loanable funds intersect. To determine the interest rate, this theory employs linear regression and a demand curve. At the equilibrium point, demand for borrowings and demand for the issuance of borrowing funds are inextricably linked. This point of equilibrium should equalize demand and the supply of money available for borrowing.

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Question 22
Which of the following items appearing on a bank reconciliation require a journal entry to bring the Cash account up-to-date?
O An error made by the bank in recording a deposit
O Outstanding check
O Check from customers returned as NSF
O Deposit in transit
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