Question: Upon preparing the bank reconciliation statement, an adjusting entry was made that debited cash and credited interest revenue. Therefore the bank reconciliation must have included
Upon preparing the bank reconciliation statement, an adjusting entry was made that debited cash and credited interest revenue. Therefore the bank reconciliation must have included an item that was:
Select one:
a. added to the cash ledger balance
b. deducted from the bank statement
c. deducted from the cash ledger balance
d. added to the bank statements
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