Match the following terms with their correct definition

1. service charges
2. Outstanding check
3. Bank reconciliation
4. Deposit in transit
5. Non-sufficient funds check

1. Fees charged by the bank for checking accounting services
2. The process of ensuring that the company's accounting records are consistent with the bank's accounting records
3. A bank reconciling item that must be subtracted from the unadjusted book balance when preparing a bank reconciliation
4. An amount received and recorded by the business but not yet recorded by the bank
5. A bank reconciling item that must be subtracted from the unadjusted bank balance when preparing a bank reconciliation