In a bank reconciliation,interest revenue earned on your bank account is:
A) added to the book balance
B) deducted from the book balance
C) added to the bank balance
D) deducted from the bank balance

Question

Quizplus · Accepted Answer

Interest revenue earned on your bank account is added to the book balance because it is a source of additional income that has not been recorded in your accounting records.

In a Bank Reconciliation,interest Revenue Earned on Your Bank Account