When a bank reconciliation has been satisfactorily completed, the only related e

Question

When a bank reconciliation has been satisfactorily completed, the only related entries to be made in the depositor's records are:
A. To correct errors made by the bank in recording the dollar amounts of cash transactions during the period.
B. To reconcile items that explain the difference between the balance per the books and the balance per the bank statement.
C. To record outstanding checks and bank service charges.
D. To record items that explain the difference between the balance per the accounting records and the adjusted cash balance.

Explanation / Answer

D

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