Question: TB MC Qu . 9 - 5 7 ( Static ) If a check written by a firm is not... If a check written by
TB MC QuStatic If a check written by a firm is not...
If a check written by a firm is not canceled by the bank and returned with the months bank statement, the firm should:
Multiple Choice
make no adjustment when preparing the bank reconciliation.
immediately notify the bank requesting that it correct its records.
adjust the balance in the firm's checkbook to reflect the data that appears in the bank's records.
consider this check as outstanding when preparing the bank reconciliation.
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