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After Preparing a Bank Reconciliation,no Adjusting Journal Entries Need to Be

question 47

True/False

After preparing a bank reconciliation,no adjusting journal entries need to be made for outstanding cheques or deposits in transit.
BT: Comprehension


Definitions:

Groups

In the context of software or social media, Groups refer to collections of users who share a common interest or purpose, facilitating communication and collaboration.

Operating System

A program that controls computer hardware, manages software resources, and offers general services for computer applications.

Computer Hardware

The physical components of a computer system, such as the CPU, RAM, hard drives, and peripherals.

Coordinates

Numerical values that specify the position of a point or object within a space, commonly used in mapping, GPS, and graphical design.

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