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Which of the following items will cause a difference between the book balance and the bank balance?
Market Price
The current price at which an asset or service can be bought or sold, determined by supply and demand dynamics in the market.
Net Earnings
Net earnings, also known as net income, represent the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.
Equity Multiplier
A financial leverage ratio that measures the proportion of a company's assets that are financed by its shareholders' equity.
Total Assets
The sum of all resources owned by a company, valued in monetary terms, which includes both current and non-current assets.
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