After a bank reconciliation statement is completed, a firm may have to make an entry in its accounting records for
A. outstanding checks.
B. deposits in transit.
C. the bank statement balance.
D. NSF checks.
Answer: D
After a bank reconciliation statement is completed, a firm may have to make an entry in its accounting records for
A. outstanding checks.
B. deposits in transit.
C. the bank statement balance.
D. NSF checks.
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