Question

explain how depositors can check for errors by completing the following sentence. error testing includes (a) comparing deposits on the bank statement with deposits in the (accounting/sales/customer) records and (b) comparing (outstanding/canceled) checks on the bank statement with (checks/deposits) recorded in the accounting records.

Answer 1

To check for errors in bank statements, depositors can compare deposits on the bank statement with deposits in the accounting records and compare outstanding checks on the bank statement with checks recorded in the accounting records.

Step-by-step explanation:

In your case, you can check if deposits on your bank statement match deposits in your accounting records and if canceled checks on your bank statement match checks recorded in your accounting records.