Which of the Following Items on a Bank Reconciliation Would

question 85

Multiple Choice

Which of the following items on a bank reconciliation would require an adjustment on the company's books?

• A)An error by the bank.
• B)Outstanding checks.
• C)A bank service charge.
• D)A deposit in transit.

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Definitions:

Break-Even Point

The level of sales or production at which a business's revenues exactly cover its expenses.