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My answers are wrong. Can you please help me figure out the question? Thank you so much!! Usi ng the key letters below (A, B.
My answers are wrong. Can you please help me figure out the question? Thank you so much!! Usi ng the key letters below (A, B. C, or D), indicate how each of the 10 items below would appear on bank You reconciliation for Cakes, Inc. Assume a January 31 bank statement cutoff date. are not required to prepare the actual bank reconciliation but you can if you like. The balance per the bank statement is $1,180 and the balance per the books is $659. A. B. C. D. Add to the balance per the bank Deduct from the balance per the bank Add to the balance per the books Deduct from the balance per the books Deposit of $30 was erroneously recorded by Cakes, Inc. as $300. Interest earned on the checking accounts amounts to $55. This was a credit memorandum on the bank statement. Bank collected for Cakes, Inc. $1,050 on a note left for collection. This is a credit memorandum on the bank statement. Deposit of $50 was erroneously recorded by the bank at $500. Someone else's check for $250 was accidently included among Cakes' cancelled checks and deducted from Cakes' account by the bank Bank service charges for January amount to $15. This is a debit memorandum on the bank statement. D An NSF check for $80 from a customer was returned with the bank statement. D Check written for $57 was erroneously recorded in the books of Cakes, Inc. at 575 Deposits in transit total $762. D | Outstanding checks total $325
My answers are wrong. Can you please help me figure out the question?
Thank you so much!!
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