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Below are various reconciling items Pulley found while preparing its bank reconciliation in May of 2020. Required: In the column to the right, indicate how
Below are various reconciling items Pulley found while preparing its bank reconciliation in May of 2020. Required: In the column to the right, indicate how the reconciling item should be treated on the bank reconciliation. Description The bank reconciliation should: a. Interest earned from the bank amounted to $9. b. Deposits in transit amount to $4,000. c. Note receivable of $1,000 collected by the bank. d. Outstanding checks total $2,500. e. There was an NSF check from one of Pulley's customers for $400. f. Bank service charges amounted to $75. g. Pulley discovered the bank incorrectly charged the company's account $600 for an automatic withdrawal that should have been charged to another customer's account. Please answer all parts of the
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