All of the following are reasons why a transaction may have been reflected in the company's accounting records but NOT by the bank EXCEPT
A) a cheque has been written but the receiving company did not deposit it yet.
B) bank has charged service fees.
C) the company make a deposit on the last day of the month.
D) the company recorded a payment received however forgot to deposit the cheque.

Question

Quizplus · Accepted Answer

Bank service fees are recorded by the bank and would appear in the bank statement, but may not yet be recorded in the company's accounting records.

All of the Following Are Reasons Why a Transaction May