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Do Itt Review 7-3 Ned Douglas owns Ned's Blankets. Ned asks you to explain how he should treat the following reconciling items when reconciling the

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Do Itt Review 7-3 Ned Douglas owns Ned's Blankets. Ned asks you to explain how he should treat the following reconciling items when reconciling the company's bank account. 1. Outstanding checks. 2. A deposit in transit. 3. The bank charged to our account a check written by another company. 4. A debit Add to balance per bank Deduct from balance per books for a bank service charge. Deduct from balance per bank Add to balance per book

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