Cash transactions recorded by the bank but not yet recorded by the company include all of the following except

Question

Quizplus · Accepted Answer

Checks outstanding are transactions recorded by the company but not yet recorded by the bank, as they have been issued by the company but not yet cleared by the bank. Therefore, cash transactions recorded by the bank but not yet recorded by the company would not include checks outstanding. Instead, they would include items such as service fees, interest earned, and NSF (non-sufficient funds) checks, which have been processed by the bank but not yet reflected in the company's records.

Cash Transactions Recorded by the Bank but Not Yet Recorded