Question
For each of the following items, indicate (a) which section of the reconciliation the item appears on Bank or Book and (b) the amount of
For each of the following items, indicate (a) which section of the reconciliation the item appears on "Bank" or "Book" and (b) the amount of the reconciling item, including if it is added (+) or subtracted (- ). If the item does not appear on the reconcilition, write N/A. Just number your answers; you do not have to repeat the item description. For example: 1. Book, +$10 (this is not the actual #1.)
1. Deposits outstanding of $1,000
2. Error in a deposit: Bank correctly recorded $400; Book incorrectly recorded $40.
3. Outstanding checks of $250 from last month that cleared this month.
4. Error in a check: Bank correctly cleared for $120; Book incorrectly recorded as $210.
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