How will a certified check be shown on a company's bank reconciliation?

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Quizplus · Accepted Answer

A certified check is guaranteed for payment by a bank.Whereas a regular check is deducted from the customer's account when it is presented for payment,a certified check is deducted from the customer's account when the bank certifies that the check is good.Certified checks,therefore,have been deducted by the bank in determining the unadjusted bank balance,whether they have cleared the bank or remain outstanding as of the date of the bank statement.Thus,a certified check that is still outstanding does not appear on a bank reconciliation.

How Will a Certified Check Be Shown on a Company's