In Preparing a Bank Reconciliation, the Amount of a Canceled

question 82

True/False

In preparing a bank reconciliation, the amount of a canceled check omitted from the journal is added to the balance per company's records.

---

Definitions:

Performance Evaluation

The systematic process of assessing and reviewing an employee's job performance and productivity.

Ethnicity

A category of people who identify with each other based on common ancestral, social, cultural, or national experiences.

Customer Satisfaction

A measure of how products or services supplied by a company meet or surpass customer expectation.

Productivity

The efficiency of production of goods or services, measured by the output per unit of input.