Bank Reconciliation Horatio Galway is _attempting to reconcile his checking account balance. Indicate whether each of the following items should be added (A) to his checking account balance, deducted (D) from his checking account balance, or ignored (I) by Horatio to get to a correct balance in his checkbook:

a. The bank indicates that two checks received by Horatio and deposited in his account had been returned as uncollectible.

b. A monthly service charge has been deducted from the account by the bank.

c. Two checks written by Horatio were paid by the bank;
however, Horatio had forgotten to record them in his checkbook.

d. Cash payments received by Horatio the last day of the month and deposited that evening are not shown as deposits by the bank.

e. An automatic deduction for Horatio’s electric bill was made by the bank. He had recorded the amount in his checkbook earlier this month.

f. A loan to Horatio from the bank matured during the month and was deducted by the bank from his checking account. Horatio had forgotten about the loan coming due.
g. An expense reimbursement check from Horatio’s employer was deposited directly in his checking account during the month, but was not recorded by Horatio.
h. Deposits in transit at the end of last period are shown as having been received by the bank at the beginning of this period.
i. Five checks written by Horatio during the period have not yet cleared the bank.