Please Refer to the Following Bank Reconciliation: No Journal

question 22

Multiple Choice

Please refer to the following bank reconciliation: No journal entries are required for the reconciling items on the bank side because:

• A)the adjusted balances on both sids are the same amounts.
• B)the amounts are immaterial.
• C)those transactions have already been recorded in the company ledger.
• D)those transactions are already included in the bank balance on 30 June.

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