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Homework: Chapter 7 Score: 0 of 5 pts S7-8 (book/static) 1015 (0 complete For each timing difference isted, identify whether the diierence would be repurted
Homework: Chapter 7 Score: 0 of 5 pts S7-8 (book/static) 1015 (0 complete For each timing difference isted, identify whether the diierence would be repurted on the book side of the reconciliation or the bank side of the reconcliation. In addition, iden whether the difference would be an addition or subtraction Tming dlferenca affacted subtraction? a. Deposit in transit b. Bank collection c. Debit memorandum from bank d. EFT cash receipt e. Outstanding checks f. $1,000 deposit ermoneously recorded by the bank as $100 g. Service charges h. Intarest revenua 2,500 cash payment for rent expense erroneously recorded by the business os S250 Credit memorandum from bank
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