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In Reconciling the Bank Balance with the Book Cash Balance

Question 48

Multiple Choice

In reconciling the bank balance with the book cash balance, which of the following would not cause the bank balance shown on the bank statement to be lower than the unadjusted book balance?


A) Cash on hand at the company
B) NSF cheques from a customer, as reported on the bank statement
C) Interest credited to the account by the bank
D) Deposits in transit

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