If Before Reconciliation the Balance on the Bank Statement Does

question 180

Multiple Choice

If before reconciliation the balance on the bank statement does not equal the balance in the company's cash account:

• A)the bookkeeper made a mistake.
• B)the bank made a mistake.
• C)both the bank and the bookkeeper made a mistake.
• D)It is perfectly normal for the two balances to be different.

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A professional organization that promotes and integrates scientific research, education, and practical applications of sports medicine and exercise science.

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