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No.5 Learning Example Whilst preparing a bank reconciliation statement at 31 December. The following items caused a diff
Posted: Thu May 19, 2022 11:23 am
by answerhappygod
- No 5 Learning Example Whilst Preparing A Bank Reconciliation Statement At 31 December The Following Items Caused A Diff 1 (48.89 KiB) Viewed 56 times
No.5 Learning Example Whilst preparing a bank reconciliation
statement at 31 December. The following items caused a difference between the bank
statement balance and the cash book balance. 1.Bank interest charged to the account in error 2.Direct debit for $500 for insurance 3.Bank charges of $70 4.Cheque paid to a supplier on 29 December 5. Receipt from a trade receivable by electronic transfer Required Which of these items will result in an adjustment to the balance per the bank
statement? A.2, 3, and 5 B. 1 and 4 C. 1,4, and 5 D1,3, and 5