All the following are steps included in the preparation of a bank reconciliation except:
A) Comparing deposits listed on the bank statement with the deposits shown in the accounting records.
B) Arranging checks by serial numbers and comparing with those listed in the accounting records.
C) Deducting any debit memoranda from the balance on the bank statement.
D) Preparing journal entries for any adjustments to the depositor's records.

Question

Quizplus · Accepted Answer

The Answer of All the following are steps included in the preparation of a bank reconciliation except:
A) Comparing deposits listed on the bank statement with the deposits shown in the accounting records.
B) Arranging checks by serial numbers and comparing with those listed in the accounting records.
C) Deducting any debit memoranda from the balance on the bank statement.
D) Preparing journal entries for any adjustments to the depositor's records.

All the Following Are Steps Included in the Preparation of a Bank