Checks written in late December do not appear on a December 31 Bank Statement because they were not cleared by the bank as of March 31. How would you treat this difference while reconciling the bank balance? A. Add them to the bank balance. B. Subtract them from the bank balance. C. Add them to the company's cash balance. D. Subtract them from the company's cash balance.
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Checks written in late December do not appear on a December 31 Bank Statement because they were not cleared by the bank as of March 31. How ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Checks written in late December do not appear on a December 31 Bank Statement because they were not cleared by the bank as of March 31. How would you treat this difference while reconciling the bank balance? A. Add them to the bank balance. B.