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densk [106]
2 years ago
10

When reconciling a bank account, which one of the following is considered a timing difference (difference between the bank balan

ce and the book balance)? Multiple Choice Outstanding checks Deposits recorded by the bank Checks that have cleared the bank Errors
Business
1 answer:
DanielleElmas [232]2 years ago
8 0

Answer:

Outstanding checks

Explanation:

One of the reasons why a cash book and a bank statement might <em>not show identical entries arise</em> from outstanding checks.

Outstanding checks are payments that have not yet been cleared and debited to the account at the bank.

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The president wishes to increase spending for education by $4 billion but also maintain a balanced budget. Therefore, taxes will
castortr0y [4]

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it will increase

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We want to send all of our high-value customers a special VIP gift. We are defining high-value customers as those who have made
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Answer:

Customer ID HANAR

Customer Name Hanari Carnes

Order ID 10981

Total Amount 15810.00

Explanation:

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4 0
3 years ago
exercise 4-9A Calculate the balance of cash using a bank reconciliation (LO4-5) Spielberg Company's general ledger shows a check
algol13

Answer:

$22,789

Explanation:

One of the uses of the Bank Reconciliation Statement is to check the accuracy of the Cash Balance.

The Balance on the Bank Statement and that of the Cash Book in the Ledgers should always agree.

Bank Reconciliation Statement as a July 31

Balance as per Bank Statement                      $22,364

Add Lodgments not yet credited                       $1,745

Less unpresented checks                                 ($1,320)

Balance as per Cash Book                               $22,789

Therefore,

The balance of cash using a bank reconciliation is $22,789

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3 years ago
Which of the following is not an example of how Irish immigrants were eventually accepted in the U.S.?
Alla [95]
If you give options I can help you with it
5 0
3 years ago
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