Business, 15.11.2019 23:31, alliuhhh0

If a check written by a firm is not canceled by the bank and returned with the month's bank statement, the firm should:
multiple choice
a. make no adjustment when preparing the bank reconciliation.
b. immediately notify the bank requesting that it correct its records.
c. adjust the balance in the firm's checkbook to reflect the data that appears in the bank's records.
d. consider this check as outstanding when preparing the bank reconciliation.

Answers: 3

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If a check written by a firm is not canceled by the bank and returned with the month's bank statemen...