The following reconciling items are applicable to the bank reconciliation for Ashley Co. Indicate how each item

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The following reconciling items are applicable to the bank reconciliation for Ashley Co. Indicate how each item should be shown on a bank reconciliation.

(a) Outstanding checks

(b) Bank debit memorandum for service charge

(c) Bank credit memorandum for collecting a note for the depositor

(d) Deposit in transit

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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