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The schedule called a Bank Reconciliation is needed because of timing differences. The Bank may have posted entries as of a cut-off date that are not recorded in the General Ledger Cash Account (Books) and vice versa the General Ledger Cash Account may have posted entries that the bank is unaware of. Instructions: Select the correct answer for the question from the choices: Question . . Answers Added to the Bank Balance Deducted from the Bank Balance Added to the Book Balance Deducted from the Book Balance 10,000 7,000 8,600 9,000 8,000 Select the correct answer Explanation