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Which Items On A Bank Reconciliation Will Require A Journal Entry? |
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Answer» The ITEMS on the BANK reconciliation that will require a JOURNAL ENTRY are the items noted as "ADJUSTMENTS to books." These items did appear on the bank statement, but they did not appear on the company's books. The items on the bank reconciliation that will require a journal entry are the items noted as "adjustments to books." These items did appear on the bank statement, but they did not appear on the company's books. |
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