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Identify whether each of the following items would be (a) added to the book balance, or (b) deducted from the book balance in a bank
Identify whether each of the following items would be (a) added to the book balance, or (b) deducted from the book balance in a bank reconciliation. 1. EFT transfer to a supplier. 2. Bank service charge. 3. Check printing charge. 4. Error recording check #214 which was written for $590 but recorded for $950. 5. Collection of note and interest by the bank on the company's behalf
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