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The amount of the outstanding checks is included on the bankreconciliation as a(

ID: 2458117 • Letter: T

Question

The amount of the outstanding checks is included on the bankreconciliation as a(n):
a. deduction from the balance per depositor's records b. addition to the balance per bank statement c. deduction from the balance per bank statement d. addition to the balance per depositor's records The amount of the outstanding checks is included on the bankreconciliation as a(n):
a. deduction from the balance per depositor's records b. addition to the balance per bank statement c. deduction from the balance per bank statement d. addition to the balance per depositor's records

Explanation / Answer

The amount of the outstanding checks is included on the bankreconciliation as a(n)

c. deduction from the balance per bankstatement
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