Which of the following items would cause cash per the bank statement to be smaller than the balance of cash shown in the accounting records?
A. Outstanding checks.
B. Interest earned on the average balance of the checking account.
C. Check no. 824, in the amount of $620.30, is recorded by the bank as $602.30.
D. Deposits in transit.
D
Business
You might also like to view...
A disadvantage of a multinational model is that:
A. Problems in transferring core skills are created B. Each subsidiary must respond to specific consumer needs C. Transfer pricing presents difficulties D. Manufacturing costs are generally higher E. Coordination of efforts between countries is simpler
Business
A ________ decision tree illustrates a situation requiring a series of decisions
Fill in the blank with correct word.
Business