No Journal Entries Are Required for the Reconciling Items on the Bank

question 80

Multiple Choice

No journal entries are required for the reconciling items on the bank side because:

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

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Definitions:

Fetal Period

The time from about 8 weeks after conception until the birth of the baby.

Major Organs

Refers to essential organs in a body system that have vital roles, such as the heart, lungs, liver, brain, and kidneys, crucial for maintaining life and health.

Umbilical Cord

A flexible cord that connects a fetus to the placenta, delivering oxygen and nutrients and removing waste products from the fetus.

Zygote

A fertilized egg cell that results from the union of a female gamete (egg) with a male gamete (sperm).