Journal entries that are necessitated by reconciling items on the book side of the reconciliation include either a debit to Cash or a credit to Cash.

Question

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When reconciling items on the book side, adjustments are made to the Cash account in order to bring the book balance into agreement with the bank balance. These adjustments may either increase or decrease the Cash account, resulting in either a debit or credit transaction.

Journal Entries That Are Necessitated by Reconciling Items on the Book