In a bank statement reconciliation, which of the following should be added to the bank statement balance?
A) collection of a note by the bank
B) outstanding checks
C) bank service charge
D) outstanding deposits

Question

Quizplus · Accepted Answer

Outstanding deposits should be added to the bank statement balance because they represent amounts that have been recorded in the company's books but have not yet been reflected in the bank statement.

In a Bank Statement Reconciliation, Which of the Following Should