After preparing a bank reconciliation and identifying the following reconciling items, which one of the...
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Accounting
After preparing a bank reconciliation and identifying the following reconciling items, which one of the transactions would require an adjusting journal entry in the company's books?
Select one:
a.
The company deposited $650 at the bank but the deposit wasnt yet recorded in the bank statement.
b.
EFT payment received from a customer.
c.
A $250 outstanding cheque was issued by the company but hasnt yet cleared the chequing account.
d.
The bank made a mistake. A $650 company deposit was recorded as $560 in the bank statement.
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