On a bank reconciliation, a bank fee for check printing not yet recorded by the company...
On a bank reconciliation, a bank fee for check printing not yet recorded by the company is:
Multiple Choice
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Noted as a memorandum only.
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Added to the book balance of cash.
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Deducted from the book balance of cash.
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Added to the bank balance of cash.
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Deducted from the bank balance of cash.
Homework Answers
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Option C is the answer Bank may have charged some fee for printing check. And therefore would have reduced the balance in bank account. And, therefore during reconciliation, this has to be deducted from book balance of cash |
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On a bank
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