In preparing a bank reconciliation, the amount of outstanding checks is added to the balance per bank statement.
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Q19: Money orders are considered cash.
Q20: Sarbanes-Oxley's purpose is to maintain public confidence
Q21: For efficiency of operations and better control
Q22: A check outstanding for two consecutive months
Q23: In preparing a bank reconciliation, the amount
Q25: A business that requires all cash payments
Q26: After a bank reconciliation is completed, journal
Q27: All bank memos reported on the bank
Q28: The main reason that the bank statement
Q29: In preparing a bank reconciliation, the amount
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