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Indicate how each of the items listed would be handled when preparing a bank reconciliation as at June 30, 2021 Choose... Cheque #390 for $520
Indicate how each of the items listed would be handled when preparing a bank reconciliation as at June 30, 2021 Choose... Cheque #390 for $520 was correctly written and paid by the bank but incorrectly entered in the general journal for $250. Outstanding checks from the current month amounted to $100 Choose... Deduct from cash balance per books Deduct from cash balance per bank Add to cash balance per books Add to cash balance per bank Does not affect the bank reconciliation Bank debit memorandum for service charges An EFT of $560 was received from a customer in payment for their amounts owed. Bank error in recording a company cheque made out for $160 as $610 Choose
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