Question
Latahmer Corporation is reconciling its May bank account. For each item listed, indicate how it would be handled on the bank reconciliation. 1. Check written
Latahmer Corporation is reconciling its May bank account. For each item listed, indicate how it would be handled on the bank reconciliation.
1. Check written on the company's account and paid by the bank is returned with the bank statement.
2. Check written in May that does not appear on the bank statement.
3. Service charge on the May bank statement for new checks.
4. Interest earned on the checking account for May.
5. Customer's NSF check is returned with the bank statement.
6. Customer's check which was deposited on May 31 is not listed on the bank statement.
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