Which of the following situations would cause the balance per bank to be more than the balance per books?
A)Deposits in transit
B)Service charges
C)Outstanding checks
D)Checks from customers returned as NSF

Question

Quizplus · Accepted Answer

The balance per the bank would be greater than the balance per the books if the books did not reflect cash receipts that were reflected by the bank,or if the balance per the books reflected deductions such as outstanding checks that were not yet recorded by the bank.

Which of the Following Situations Would Cause the Balance Per