Which of the Following Would Be Added to the Ledger

question 88

Multiple Choice

Which of the following would be added to the ledger balance of cash when preparing a bank reconciliation?

• A) deposit in transits.
• B) outstanding checks.
• C) notes collected by the bank.
• D) bank service charges.

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Definitions:

Practice Records

Documentation kept by healthcare providers regarding the care and services provided to patients, often used for improving the quality of care.

Bank Statement

A bank statement is a summary of financial transactions that occurred over a given period on a bank account held by a person or business.

Third-Party Endorsement

A recommendation or approval of a product, service, or individual by an independent, external entity, often used in marketing to build trust.

Special Endorsement

A signature or statement on a financial instrument, such as a check, specifying the conditions under which the instrument can be transferred or paid out.