After preparing a bank reconciliation,a check outstanding for the payment of advertising would be recorded with a:
A)Debit to Advertising Expense.
B)Debit to Cash.
C)Credit to Advertising Expense.
D)No entry is needed.

Question

Quizplus · Accepted Answer

An outstanding check for the payment of advertising has already been recorded in the company's accounting records when the check was issued. Therefore, no additional entry is needed when preparing a bank reconciliation.

After Preparing a Bank Reconciliation,a Check Outstanding for the Payment