Which of the Following Items Are Both Reconciling Items on the Bank

question 27

Multiple Choice

Which of the following items are both reconciling items on the bank side of the reconciliation?

• A) Outstanding checks and correction of book error
• B) Deposit in transit and NSF check
• C) Deposit in transit and outstanding checks
• D) Bank service charge and correction of book error

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Definitions:

Combustion

A chemical reaction that occurs between a fuel and an oxidant, producing heat and often light; commonly known as burning.

Rusting

The chemical process involving the oxidation of iron or steel, resulting in the formation of iron oxides, particularly Fe2O3 and Fe3O4.

Redox Reactions

Chemical reactions where electrons are transferred between two substances, involving oxidation and reduction processes.

Neutralization Reactions

Chemical reactions in which an acid and a base react quantitatively to form water and a salt.