Accounting · Bank Reconciliation Statement
Which TWO of the following items can appear as reconciling items on a bank reconciliation statement (items that adjust bank statement balance to reach adjusted cash balance)? 1. Direct debits not yet posted in the cash book 2. Bank charges not yet recorded in the cash book 3. Outstanding lodgements 4. Bank errors
- 12 and 4
- 21 and 3
- 31 and 2
- 43 and 4✓
Correct answer
3 and 4
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