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When Preparing a Bank Reconciliation for the Purpose of Arriving

Question 28

Multiple Choice

When preparing a bank reconciliation for the purpose of arriving at the correct cash balance


A) outstanding checks can be added to the balance per books.
B) NSF checks should be deducted from the balance per books.
C) deposits in transit are deducted from the balance per bank.
D) notes collected by the bank should be added to the balance per bank.

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