Homework Answers
Solution:
True, All items on the book side of the bank reconciliation require journal entries.
Explanation:
Reconciliation items in book side of bank reconciliation are those transactions that are not recorded by the company in its books of accounts therefore journal entry is required to adjust the accounts.
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all items on the book side of the bank reconciliation require jour All items on the book side of the bank reconcili...
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For each of the items indicate whether its amount affects the bank or book side of a bank reconciliation and is an addition or a subtraction in a bank reconciliation and whether an adjusting journal entry is required:
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