Question

In preparing a bank reconciliation, outstanding checks are__________.
Select one:
a. added to the balance per books
b. deducted from the balance per bank
c. added to the balance per bank
d. deducted from the balance per books

Answer 1

Answer:

The correct answer is (C)

Explanation:

During the preparation of bank reconciliation, outstanding share are added to the balance per bank. Balance per bank is the ending money balance showing up on a bank statement. A business will make changing sections to its own money book parity to accommodate the contrast between its own balance and the balance per bank