Required Identify which of the following items are added to or subtracted from the unadjusted bank balance
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Identify which of the following items are added to or subtracted from the unadjusted bank balance to arrive at the true cash balance. Distinguish the additions from the subtractions by placing a + beside the items that are added to the unadjusted bank balance and a - beside those that are subtracted from it. The first item is recorded as an example.
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Added or Subtracted? N/A Reconciling Items Bank Balance Adjusted? Credit memo ATM fee Petty cash voucher NSF check from customer Interest revenue Bank service charge Outstanding checks Deposits in transit Debit memo No
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Related Book For
Fundamental Financial Accounting Concepts
ISBN: 978-0078025907
9th edition
Authors: Thomas Edmonds, Christopher Edmonds
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