When Reconciling the Bank Ledger Account and the Bank Statement

question 22

Multiple Choice

When reconciling the bank ledger account and the bank statement, if both are in overdraft, unpresented cheques will be:

• A) deducted from the general ledger bank balance.
• B) added to the general ledger bank balance.
• C) added to the bank statement balance in the reconciliation.
• D) deducted from the bank statement balance in the reconciliation.

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Definitions:

Painful Procedures

Medical or dental processes that cause discomfort or pain, often requiring special pain management techniques to alleviate suffering.

Chronic Sorrow

A pattern of emotional pain and distress that can recur over time, often in response to ongoing loss or a significant life event.

Passively Accepts

Refers to the act of receiving or submitting to something without active response or resistance.

Complex Health Care Needs

Health conditions that require extensive and ongoing medical care and management, often due to chronic illness or disability.