QUESTION 16 Which of the following items found on a bank reconciliation does NOT require an adjusting entry? O A. Deposits in transit O B. A bank service charge Q C.A note collected by the bank D. Interest earned

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter7: Accounting For Cash
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QUESTION 16
Which of the following items found on a bank reconciliation does NOT require an adjusting entry?
O A. Deposits in transit
O B. A bank service charge
Q C.A note collected by the bank
D. Interest earned
QUESTION 17
explains the reasons for the difference between a bank statement balance and the depositor's cash balance
O A. bank statement
O B. bank reconciliation
O C. remittance advice
O D. deposit receipt
OUES TION AO
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Transcribed Image Text:v Question Completion Status: QUESTION 16 Which of the following items found on a bank reconciliation does NOT require an adjusting entry? O A. Deposits in transit O B. A bank service charge Q C.A note collected by the bank D. Interest earned QUESTION 17 explains the reasons for the difference between a bank statement balance and the depositor's cash balance O A. bank statement O B. bank reconciliation O C. remittance advice O D. deposit receipt OUES TION AO Click Save and Submit to save and submit. Click Save All Answers to save all answers. acc 101 practice fin.. GTake Test: ACC 101 ... BUS communication
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