if the company's bank account shown on the bank records is less than the correct balance and neither the bank nor the entity has made any error , there must_____?
A. deposit in transit
B. outstanding checks
C. deposit credited by the bank but not recorded by the entity
D. bank charges not yet recorded by the entity
A. deposit in transit
B. outstanding checks
C. deposit credited by the bank but not recorded by the entity
D. bank charges not yet recorded by the entity
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Answer:
C. deposit credited by the bank but not recorded by entity.
Explanation:
it ok im wrong
Answer:
c. because deposit credited by the bank but not recorded by the entity.
I'm not sure.correct me if I'm wrong