Question

Kevin has had a checking account for a month. As he reconciles his account, Kevin notices that the dates on his check register do not match the dates on his account statement. He immediately calls the bank to find out what the problem is. What is the bank's likely response to Kevin?

A- "you obviously made a mistake and you should be careful"
B-"sorry we entered the wrong dates but thanks for telling us, we will fix it immediately"
C-"theres a serious problem with your account, please bring us all your records and info so we can check it"
D-"The date that the check is written is usually a few days before it is cashed. We record when it was cashed and you record when its written"

Answer 1

The most likely answer is D) "The date that the check is written is usually a few days before it is cashed. We record when it was cashed and you record when its written".

There is usually a delay between when you write someone a check (and record it in your ledger) and when that person cashes it (when the bank records it).