What item should you look for when adjusting your check register?

Question

Business

Jazlene Fry

19 February, 23:37

What item should you look for when adjusting your check register?

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Answers (2)

Know the Answer?

Matthew Valdez · Answer 1

Considering the answers;

deposits in transit

outstanding checks

outstanding deposits

check printing charges

Answer;

Outstanding checks;

This is one of the items you should look when adjusting your check register.

Explanation;

A check register is a journal that is used to record all of the checks, cash payments, and outlays of cash during an accounting period.

Outstanding check refers to the check that you've already given to someone as a payment, but that person still has not turned it into cash so basically it shouldn't be deduced from your book.

It is important to eliminate this amount for your company not to miscalculate the amount of cash they actually owned.

Brooks Stephenson · Answer 2

One of the item that you could look is the outstanding check

Outstanding check refer to the check that you've already given to someone as a payment, but that person still has not turned it into cash so basically it shouldn't be deduced from your book