The bank statement does NOT show:
A) the beginning bank balance of the cash at the start of the month.
B) the checks the bank has paid and any deposits received.
C) any other charges or additions to the bank balance.
D) outstanding checks.

Question

Quizplus · Accepted Answer

Outstanding checks are checks that have been written and recorded in the payer's ledger but have not yet been cashed or cleared by the bank. Therefore, they do not appear on the bank statement, which only reflects transactions that have been processed by the bank.

The Bank Statement Does NOT Show