When You Identify Interest Received from the Bank in Performing

question 14

Multiple Choice

When you identify interest received from the bank in performing a bank reconciliation,you must:

• A)add the amount of interest to the balance per bank.
• B)deduct the amount of interest from the balance per books.
• C)add the amount of interest to the balance per books.
• D)deduct the amount of interest from the balance per bank.

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Definitions:

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