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yomama1997 yomama1997
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5 years ago
In reconciling a bank statement, the bank balance is $1,500, and the checkbook balance is $2,105. Which of the following is the most probable reason for the checkbook balance being larger than the bank balance?
A) The bank has not cleared certain outstanding checks.
B) The bank has added interest revenue to the account balance.
C) A deposit in transit was made at the end of the month.
D) The bank received an EFT from a customer.
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
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sandy.cardssandy.cards
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5 years ago
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yomama1997 Author
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5 years ago
You are really a genius. Thanks
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5 years ago
NP
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