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Which of the following would be deducted from the balance per books on a bank reconciliation? Select one: a. Service charges b. Notes collected by the bank c. Outstanding checks d. Deposits in transit

Respuesta :

The option that is deducted from the balance per books on a bank reconciliation is A. Service charges.

What is bank reconciliation?

It should be noted that bank reconciliation simply means the identification of the difference in the bank statement and bank accounts balance and adjusting it.

In this case, service charges are deducted from the balance per books on a bank reconciliation.

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