Question
19) Bank reconciliationclassification Indicate how the following items would be treated in Aladdin's, Inc.'s bank reconciliation. Choose from the following answers: (a.) Deducted from the
19) Bank reconciliationclassification
Indicate how the following items would be treated in Aladdin's, Inc.'s bank
reconciliation. Choose from the following answers:
(a.) Deducted from the balance per accounting records.
(b.) Added to balance per accounting records.
(c.) Deducted from balance per bank statement.
(d.) Added to balance per bank statement.
Items
________
1.
Bank service charges for printing new checks ordered by
Aladdin's, Inc.
________
2.
Deposits in transit at the end of the month.
________
3.
A deposit of $4,364.21 recorded in the accounting
records as $4,346.21.
________
4.
Collection of rent from one of Aladdin's tenants who makes
payment directly to the bank.
________
5.
Interest earned on the average balance during the month.
________
6.
Checks outstanding at the end of the month.
________
7.
Customer checks deposited in the bank but returned as NSF.
________
8.
Check No. 153, which was written in the amount of $475 but
recorded by the bank as $745.
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