Listed below is an item that may be useful in preparing the March 2005, bank reconciliation for Morgan Machine Works. How should this item be
Listed below is an item that may be useful in preparing the March 2005, bank reconciliation for Morgan Machine Works. How should this item be treated in preparing the reconciliation? The daily deposits of March 30 and March 31, for $3,362 and $3,125 respectively, were not included in the bank statement postings. Add to the cash balance per books Deduct from the cash balance per books Add to the cash balance per bank Deduct from the cash balance per bank Does not affect the bank reconciliation
| Add to the cash balance per books |
| | Deduct from the cash balance per books |
| | Add to the cash balance per bank |
| | Deduct from the cash balance per bank |
| | Does not affect the bank reconciliation |
Listed below is an item that may be useful in preparing the March 2005, bank reconciliation for Morgan Machine Works. How should this item be treated in preparing the reconciliation? Included with the bank statement materials was a check from Joe Terrell for $40 stamped "account closed."
| | Add to the cash balance per books |
| | Deduct from the cash balance per books |
| | Add to the cash balance per bank |
| | Deduct from the cash balance per bank |
| | Does not affect the bank reconciliation |
