Question on: SS1 Accounting - Bank Reconciliation Statement: Meaning/Definition

What types of discrepancies can a bank reconciliation statement help you identify?

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A

Deposits or withdrawals that have not yet cleared, bank fees or charges that you may not have recorded, or errors in your records

B

Cash withdrawals that you forgot to record, bank holiday schedules, or ATM fees

C

Credit card transactions, mortgage payments, or utility bills

D

None of the above

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Correct Option: A

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