Which One of the Following Items Is a Reconciling Item

question 130

Multiple Choice

Which one of the following items is a reconciling item on the bank side of a bank reconciliation?

• A) Canceled checks
• B) Outstanding checks
• C) NSF checks
• D) Service charge

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Definitions:

Meaning and Purpose

The significance and intention behind actions or existence, often considered as a source of direction and fulfillment in life.

Projected Earnings

The estimated amount of money a business or individual anticipates earning over a specified future period, often used in financial planning and analysis.

Potential Status

The possible or future position, condition, or ranking of an individual or entity relative to others.

Personal Orientation

Refers to an individual's personal direction, values, and beliefs that guide their behavior.