Bank Reconciliation Video Lessons

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Problem: After preparing a bank reconciliation, a journal entry would be required for which of the following? a. A deposit in transit. b. A check for $48 given to a supplier but not yet recorded by the company's bank. c. Interest earned on the company's checking account. d. A deposit made by another company and mistakenly credited to your account.

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Problem Details

After preparing a bank reconciliation, a journal entry would be required for which of the following?

a. A deposit in transit.

b. A check for $48 given to a supplier but not yet recorded by the company's bank.

c. Interest earned on the company's checking account.

d. A deposit made by another company and mistakenly credited to your account.

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