Answered: Which of the following item, have been…

Which of the following item, have been recorded on the company's books but not yet by the bank Select one a Deposits in transit O bCash per bank c Outstanding checks O d Cash per book

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.

Question

Which of the following item, have been recorded on the company's books but not yet by the bank
Select one
a Deposits in transit
O bCash per bank
c Outstanding checks
O d Cash per book

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