Checks Written by a Company, but Not Yet Paid by the Bank

question 68

Multiple Choice

Checks written by a company, but not yet paid by the bank, appear on the bank reconciliation as and are called _ .

• A)an addition to the bank balance; checks in transit
• B)deductions from the bank balance; outstanding checks
• C)deductions from the bank balance; checks in transit
• D)These checks would not appear on the bank reconciliation.

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Definitions:

Evidence-Based Management Model

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