Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Following is the generalforsat four column back reconciliation with the various categories and presentation numbered (1) thoughts Balance 1031 Balance 1100 November November Receipts. Disbursements
Following is the generalforsat four column back reconciliation with the various categories and presentation numbered (1) thoughts Balance 1031 Balance 1100 November November Receipts. Disbursements SXXXXX SXXXXX 3 5 $XXXXX 1 SXXXXX 7 Per Bank Statement Items to be ackled Hems to be deducted Per Books SXXXXX $XXXXX SXXXXX Sxxxxx Indicate the proper location for the following reconcilingen, Assume the book record NSF checks as disbursements An 11/30 NSF check will appears Select une 3.6 and @ 3 O and 8 Od 6 and 7 Sands Following is the general format of a four-column bank reconciliation with the various categories and presentation numbered (1) through (8) Balance 10/31 November Receipts November Disbursements Balance 11/30 SXXXXX 3 SXXXXX 5 SXXXXX Per Bank Statement Rems to be added Nems to be deducted Per Books SXXXXX 1 2 SXXXXX tedicate the proper location for the following reconciling items. An 11/30 Deposit in Transit will appear as Select one 0 a 6 and 8 O 3 and 7 O G4 and 8 Od 5 and 8 e 6 and 7 Following is the general format of a four-column bank reconciliation with the various categories and presentation numbered (1) though (x of Balance 10/31 November Receipts November Disbursements Balance 11/30 Gestion $XXXXX SXXXXX 3 $XXXXX Per Bank Statement items to be added Mems to be deducted: Per Books $XXX XXXXX SXXXXX SXXXXX SXXXXX Indicate the proper location for the following reconciling items. An 11/30 Service Charge will appear as Select one: a. 2 and 6 O b. 6 and 7 O2 and 3 d. 1 and 5 O e 1 and 6 Teltoning is the general format of four-column bank recolation with the vanous categories and presentation numbered (1) through Balance 1031 November November Receipts Disbursements Balance 11/30 SXXXXX 1 SXXXXX 3 SXXXXX 5 $XXXXX 7 Per Bank Statement tems to be added Nems to be deducted Per Books SXXXXX SXXXXX $XXXXX SXXXXX Indicate the proper location for the following reconciling items Acheck ceived from a customer in November was determined to be NSF by the bank and books in November. The bookes record Schedis as distants This will appear Select one 4 and Ods Ot. and Ons e. This item will not appear on the November bank reconciliation
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started