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Following is the general format of a four-column bank reconciliation with the various categories and presentation numbered (1) through (8): Balance November November Balance 10/31
Following is the general format of a four-column bank reconciliation with the various categories and presentation numbered (1) through (8): Balance November November Balance 10/31 Receipts Disbursements 11/30 Per Bank Statement $XXXXX $XXXXX $XXXXX $XXXXX Items to be added: 1 3 5 7 Items to be deducted: 2 6 8 Per Books $XXXXX $XXXXX $XXXXX XXX Indicate the proper location for the following reconciling items. Assume the books record NSF checks as disbursements. An 11/30 NSF check will appear as: Select one: a. 6 and 8 b. 3 and 5 c. 3 and 8 d. 6 and 7 e. 5 and 8
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