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n Identify whether each of the following items affects the bank side or the book side of a bank statement reconciliation. (1)Bank service charges (2)Outstanding

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n Identify whether each of the following items affects the bank side or the book side of a bank statement reconciliation. (1)Bank service charges (2)Outstanding cheques (3)Deposits in transit (4)NSF cheque (5)Interest on a chequing account (6)The bank recorded a cheque for S958. The company wrote the cheque for $9,580 (7)The bank printed cheques for the depositor (8)Debit memo (9)Credit memo (10)The bank collected a $1,000 note for the depositor

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