Beverly Hills, Inc. developed the following information in recording its bank statement for the month of November. Balance per books November 30 $22,014 Balance per bank statement November 30 $24,635 1. Checks written in November but still outstanding $1,450. 2. Checks written in October but still outstanding $1,107. 3. Deposits of November 29th and 30th not yet recorded by bank $5,496. 4. NSF check of customer, A. Lincoln, returned by bank, $704. 5. The bank statement contained an electronic funds transfer received from customer Theodora Company for $6,150 plus interest for $150. 6. Check No. 151 for $562 was correctly issued and paid by bank, but incorrectly entered in the Cash Payments Journal as $526. It was a payment made to vendor, Smith Concrete.

Using options 1 -5, indicate how each of the letters below listed would be handled in preparing a bank reconciliation.

1. Add to cash balance per books. 2. Deduct from cash balance per books. 3. Add to cash balance per bank

4. Deduct from cash balance per bank. 5. Does not affect the bank reconciliation

A) Bank returns deposited check marked NSF

B) Bank charged a check against the company which should have been charged to another company.

C) Outstanding checks

D)Petty cash custodian has $91 in paid petty cash vouchers that have not been reimbursed.

E) Deposit in transit.

F) Check for $320 correctly written and paid by the bank but incorrectly entered in the cash payments journal for $230.

G) A check for $158 was correctly paid by the bank but was incorrectly entered in the cash payments journal for $185.

H) Bank debit memorandum for checking printing fees.

I) Bank service charge

J) Bank collects notes receivable and interest for depositor.