All the Following Are Steps Included in the Preparation of a Bank

question 219

Multiple Choice

All the following are steps included in the preparation of a bank reconciliation except:

• A) Comparing deposits listed on the bank statement with the deposits shown in the accounting records.
• B) Arranging checks by serial numbers and comparing with those listed in the accounting records.
• C) Deducting any debit memoranda from the balance on the bank statement.
• D) Preparing journal entries for any adjustments to the depositor's records.

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Definitions:

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