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The Following Represent Common Reconciling Items Within a Bank Reconciliation

Question 131

Multiple Choice

The following represent common reconciling items within a bank reconciliation: 1.Bank service charges
2) Deposits in transit
3) Outstanding checks
Which of the above items will be an adjustment to the balance per books?


A) 1 only
B) 2 only
C) 3 only
D) 1 and 2
E) 2 and 3

Correct Answer:

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