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

question 54

Multiple Choice

Which of the following bank reconciliation items would result in a journal entry?

• A)Checks outstanding
• B)An adjustment for a check recorded for the wrong amount
• C)Deposits in transit
• D)A bank error on the bank statement

---

Definitions:

Interest Rates

The cost of borrowing money or the return on investment for savings, typically expressed as a percentage.

Military

The armed forces of a country, responsible for defending it from external threats and ensuring internal security, often involving significant personnel and technology.

Capital Stock

The total value of all durable goods available for use in production, including machinery, buildings, and equipment.

Increase

A situation where there is a rise in quantity, size, number, value, or intensity of a particular economic variable or element.