Question: A Junior accountant working in Maxim LLC, while preparing the balance sheet of the company omitted writing separately the full details of cash deposited in

A Junior accountant working in Maxim LLC, while preparing the balance sheet of the company omitted writing separately the full details of cash deposited in each different banks. The company recorded only the whole amount of cash under a subtitle Cash in banks was shown by the junior accountant. As an accounting student which one of the following statement do you think is appropriate?

a- The junior accountant shall not record whole amount, instead should classify specifically.

b- The recording of bank details is appropriate and there is no violation of qualitative characteristics

c- The cumulative recording of bank amounts is violation of qualitative characteristics

d- The junior accountant shall record bank amounts separately to make it more understandable to the user

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