E7-6 The following items could appear on a bank reconciliation: a. Book error: We debited Cash for

Question:

E7-6 The following items could appear on a bank reconciliation:

a. Book error: We debited Cash for $200. The correct debit was $2,000.

b. Outstanding checks.

c. Bank error: The bank charged our account for a check written by another customer. Required

d. Service charge.

e. Deposits in transit.

f. NSF check. g. Bank collection of a note receivable on our behalf. Classify each item as (1) an addition to the book balance, (2) a subtraction from the book bal- ance, (3) an addition to the bank balance, or (4) a subtraction from the bank balance.

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