Which of the Following Is an Appropriate Reconciling Item to the Balance

question 158

Multiple Choice

Which of the following is an appropriate reconciling item to the balance per bank in abank reconciliation?

• A) Bank service charge.
• B) Deposit in transit.
• C) Bank interest.
• D) Chargeback for NSF check.

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Definitions:

Recommendations

Suggestions or advice given based on expertise or experience, aimed at guiding decisions or actions.

Direct

A manner of communication or action that is straightforward and succinct, without any unnecessary detail or elaboration.

Indirect

Communication or actions that are not straightforward or explicit, often involving implication or suggestion rather than direct expression.

Claim

An assertion, typically unsupported at first, that something is the case, often requiring evidence or argument to be substantiated.