How will a certified check be shown on a company's bank reconciliation?
A. As a deduction to the company's unadjusted book balance.
B. As a deduction to the bank's unadjusted bank balance.
C. As an increase to the bank's unadjusted bank balance.
D. There is no adjustment when preparing the bank reconciliation.
Answer: D
You might also like to view...
Something made of cowhide would be an appropriate gift to a business colleague in India
Indicate whether the statement is true or false.
The recommended frequency of planning is ___________________.
a. monthly b. weekly c. daily d. when stressed
____ competitors provide very different products that satisfy the same basic customer need.
A. Brand B. Generic C. Total budget D. Product E. Primary
Most civil cases are conducted in courts which are open to public observation
Indicate whether the statement is true or false