Question: 5. Unreleased checks, which are checks drawn before the end of reporting period but held for later delivery to creditors a. Shall be treated as

5. Unreleased checks, which are checks drawn before the end of reporting period but held for later delivery to creditors a. Shall be treated as outstanding checks b. Shall be restored to the cash balance c. Shall be treated as outstanding checks if the date is shortly after the end of reporting period. d. Shall be treated as outstanding checks if they are ultimately encashed

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