Which one of the following is not a reason why a there may be a difference between an organization's records of its cash balance and the bank statement issued by the bank?

A. There appears to be a deposit in transit. 

B. The bank charged the organization fees, and the organization was not aware of that. 

C. A check previously deposited by the organization in its bank account was returned NSF. 

D. All of the deposits recorded by an organization are included in the bank statement.

Answer rating: 100% (QA)

The detailed answer for the above question is provided below The correct answer is D All of the depo... View the full answer