1 For each of the following items, indicate whether its amount (i) affects the bank or book...

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1 For each of the following items, indicate whether its amount (i) affects the bank or book side of a bank reconciliation and (ii) represents an addition or a subtraction in a bank reconciliation.

a. Interest on cash balance

d. Outstanding checks g. Unrecorded deposits

b. Bank service charges

e. Credit memos

c. Debit memos

f. NSF checks 2 Which of the items in part 1 require an adjusting journal entry?

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Financial Accounting Information For Decisions

ISBN: 9780073043753

4th Edition

Authors: John J. Wild

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Question Posted: Jul 19, 2024 07:03 PM

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1 For each of the following items, indicate whether its amount (i) affects the bank or book...

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Financial Accounting Information For Decisions

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