Question: If the balance on the bank statement does not equal the balance in the company's Cash account, then you can conclude that: 2 points A

If the balance on the bank statement does not equal the balance in the company's Cash account, then you can conclude that:
2 points
A) the company accountant made an error in the accounting process
B) the bank made an error
C) both the company accountant and the bank made errors
D) there are some reconciling items that, when identified, will explain the differences between the balances

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