Which of the Following Items on a Bank Reconciliation Would

question 191

Multiple Choice

Which of the following items on a bank reconciliation would require an adjusting entry on the company's books?

• A)An error by the bank.
• B)Outstanding checks.
• C)A bank service charge.
• D)A deposit in transit.

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Definitions:

P(A or B)

The probability of event A happening, event B happening, or both events happening.

P(A)

Denotes the probability of event A happening.

P(B)

The probability notation referring to the likelihood of event B occurring.

Independent

Not influenced by or contingent upon others; describes variables that operate without interference from other variables.