If the depositor's book balance is not the same as the bank's book balance,an error has occurred.

Name: If the depositor's book balance is not the same as the bank's book balance,an error has occurred.
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Question

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The depositor's book balance may differ from the bank's book balance due to outstanding checks, deposits in transit, bank fees, interest payments, or errors, which are common and not necessarily indicative of an error.

If the Depositor's Book Balance Is Not the Same as the Bank's