Bank Reconciliation Identity each of the following reconoling items as: : an addition to the cash balance according to the bank statement b. a deduction from the cash balance according to the bank statement can tion to the cash balance according to the company's records d. deduction from the cash balance according to the company's records (None of the transactions reported by bank debit and credit memos have been recorded by the company) Item 1. Bank service charges, $50. Treatment 2. Check of a customer returned by bank to company because of insufficient funds, $520 3. Check for $345 incorrectly recorded by the company 3 4. Check for $200 incorrectly charged by bank as $2.000 S. Deput in transit, H.250 6. Outstanding checks, 55.490 7. Noe collected by bank, 55,300