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Following is the general format of a four-column bank reconciliation with the various categories and presentation of reconciling items numbered (1) through (8): 1. Indicate

Following is the general format of a four-column bank reconciliation with the various categories and presentation of reconciling items numbered (1) through (8): image text in transcribed 1. Indicate the proper presentation of a 10/31 outstanding check.

Select one: a. 1 and 5 b. 2 and 3 c. 2 and 6 d. 6 and 7 e. 1 and 6

2. A check written in November for $960 was written in the check register in error in the amount of $690. This check cleared the bank in November for $960. Indicate the proper presentation for this reconciling item.

Select one:

a. 6 and 7

b. 4 and 5

c. 5 and 8

d. 6 and 8

e. 1 and 6

3. A collection by the bank was a reconciling item as of October 31. Indicate the proper presentation for this reconciling item.

Select one:

a. 1 and 4

b. 6 and 7

c. 2 and 6

d. 1 and 3

e. 2 and 3

4. The bank recorded an NSF check on 10/31. The books recorded the check as NSF on 11/2 by recording a negative receipt. Indicate the proper presentation for this reconciling item.

Select one:

a. 2 and 4

b. 2 and 6

c. 1 and 5

d. 2 and 3

e. 1 and 4

Balance 10/31 Per Bank Statement TSXXXX Items to be added Items to be deducted Per Books November 4) November Disbursements Balance 11/30

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