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Differences Between the Amount of Cash Reported on a Company's

Question 4

Multiple Choice

Differences between the amount of cash reported on a company's bank statement and the balance in the company's Cash account before the bank reconciliation are primarily due to:


A) timing difference in recording transactions.
B) errors in the accounting process by the company.
C) differences between the cash basis and accrual basis of accounting.
D) errors made by the bank.

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