When you identify outstanding checks in performing a bank reconciliation,you must:
A)deduct the amount of the outstanding checks from the balance per books.
B)deduct the amount of the outstanding checks from the balance per bank.
C)add the amount of the outstanding checks to the balance per books.
D)add the amount of the outstanding checks to the balance per bank.

Question

Quizplus · Accepted Answer

The balance per the bank does not reflect outstanding checks because they are not aware of them yet,so the outstanding checks must be deducted from the balance per the bank.

When You Identify Outstanding Checks in Performing a Bank Reconciliation,you