Bank-reconcilotion Identify each of the following reconciling items as? a. an addition to the cost balance according to the bank statument b. a deduction from the cash balance according to the bank statement c. an addition to the cash balance according to the company's records d. a deduction from the cash balance according to the company's records (None of the transoctions reported by bank debit and credit memos have been recorded by the company.) Item 1. Bank service charges, $90. 2. Check of a customer returned by bank to company because of insulficient funds, $520. 3. Check for $420 incorrectly recorded by the company as $240. 4. Check for $1,440 incorrectly charged by bank as $140. 5. Deposit in transit, $5,310. 6. Outstanding checks, 510,370 . 7. Note collected by bank, $12,600