question archive In preparing a bank reconciliation statement for a business with a substantial bank balance, the appropriate treatment for a $450 unpresented cheque at end of month is to: Select one: a
Subject:AccountingPrice: Bought3
In preparing a bank reconciliation statement for a business with a substantial bank balance, the appropriate treatment for a $450 unpresented cheque at end of month is to:
Select one:
a. add $450 to the balance as per bank statement.
b. add $450 to the balance per company records.
c. deduct $450 from the balance as per bank statement.
d. deduct $450 from the balance per company records.