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Items on a bank reconciliation Assume that a company is preparing a bank reconciliation for June. it reconciles the bank balance and the book balance
Items on a bank reconciliation Assume that a company is preparing a bank reconciliation for June. it reconciles the bank balance and the book balance to the correct balance. for each of the following items, indicate whether the item is an addition to the bank balance (A-bank), and addition to the book blance (A-book), a deduction from the bank balance (D-bank), a deduction from the book balance(D-book), or would not it appear on the June reconciliation (NA). Also, place JE next to your answer for any items will require a journal entry on the company's books. ______1. Check written in june but not yet returned to the bank for payment ______2. Customer's NSF check ______3. Customer's check written in the amount of $54 but recorded on the books in the amount of $45 ______4. Service charge for new checks ______5. Principal and interest on customer's note collected for the company by the bank ______6. Customer's check deposited on june 30 but not reflected on the bank statement ______7. Check written on the company's account, paid by the bank, & returned with the bank statement ______8. Check written on the company's account for $123 but recorded on the books as $132 ______9. Interest on the checking account for the month of June
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