Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. select the correct choice that completes the text

Select the correct choice that completes the text below. A check that was outstanding in...

90.2K

Verified Solution

Question

Accounting

Select the correct choice that completes the text below.

A check that was outstanding in a previous month's bank reconciliation was again not included in the canceled checks returned by the bank. When reconciling the statement this month, the amount of the check should be _____.

A.

added to the bank statement balance

B.

deducted from the bank statement balance

C.

deducted from the book balance of cash

D.

added to the book balance of cash

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

A borrower takes out a 30-year mortgage loan for $250,000 with an interest rate of 6%...

Finance
1.2K views

6. (Each part is worth 2 pts.) A new project that is being considered requires an...

Chemistry
1.2K views

Write net ionic equations for the cases where oxidation-reduction reactions between metals and metallic ions were observed....

Medical Sciences
1.2K views

The sympathetic and parasympathetic divisions usually act antagonistically. However, there are some effectors that are innervated only...

Medical Sciences
1.2K views

1a) True or false: A heavier weight lifter will have a more impressive absolute value for...

Electrical Engineering
1.2K views

Derive the state diagram, state table, state assignment table, and logic network using D flip-flops for...

Geometry
1.2K views

Consider the following sin 10 cos 0 a Eliminate the parameter to find a Cartesian...

Basic Math
1.2K views

2 ts eBook Hint Print eferences Rodriguez Company pays 405 405 for real estate with...

Basic Math
1.2K views

If total employee benefits are calculated as a percentage of their gross pay, which of...

Accounting
1.2K views

Assume a piece of equipment was purchased July 26,2022, at a cost of $80,400. The...

Accounting
1.2K views

John Madison needs $327,000 in 10 years. How much must he invest at the end...

Accounting
1.2K views

Abe subscribed to 4,000 shares, $100 par and paid $240,000 initially. After several demands, Abe...