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For each of the items in the following list, identify where it is included on a bank reconciliation: 1. EFT payment made by a

 

For each of the items in the following list, identify where it is included on a bank reconciliation: 1. EFT payment made by a customer 2. Bank debit memorandum for service charges Increase to bank balance Decrease to company cash balance Not included in the bank reconciliation 3. Outstanding cheques from the current month Increase to company cash balance Decrease to bank balance 4. Bank error in recording a $1,779 deposit as $1,977 5. Outstanding cheques from the previous month that are still outstanding 6. Outstanding cheques from the previous month that are no longer outstanding 7. Bank error in recording a company cheque made out for $160 as $610 8. Bank credit memorandum for interest revenue 9. Company error in recording a deposit of $160 as $1,600 10. Bank debit memorandum for a customer's NSF cheque 11. Deposit in transit from the current month 12. Company error in recording a cheque made out for $630 as $360 LINK TO TEXT

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