Which of the Following Bank Reconciliation Items Would Result in a Journal

question 104

Multiple Choice

Which of the following bank reconciliation items would result in a journal entry on the company's books?

• A) Bank error
• B) Interest income
• C) Deposit in transit
• D) Outstanding checks

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Definitions:

Square Footage

A measurement of area expressed in square feet, commonly used to specify the size of buildings or rooms.

Rent Expenses

Regular payments made for the use of property or equipment owned by another entity.

Square Feet

A unit of area measurement equal to a square measuring one foot on each side.

Maintenance Cost

Maintenance Cost involves expenses incurred to keep assets, equipment, or property in optimal condition and operating efficiently, including repairs and preventive care.