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please answer clearly and explain. thank you Indicate how the following items would be treated in Aladdin's, Inc.'s bank reconciliation. Choose from the following answers:
please answer clearly and explain. thank you
Indicate how the following items would be treated in Aladdin's, Inc.'s bank reconciliation. Choose from the following answers: (a.) Deducted from the balance per accounting records. (b.) Added to balance per accounting records. (c.) Deducted from balance per bank statement. (d.) Added to balance per bank statement. Items 1. Bank service charges for printing new checks ordered by Aladdin's, Inc. 2. Deposits in transit at the end of the month. 3. A deposit of $4,364.21 recorded in the accounting records as $4,346.21. 4. Collection of rent from one of Aladdin's tenants who makes payment directly to the bank. 5. Interest eamed on the average balance during the month. 6. Checks outstanding at the end of the month 7. Customer checks deposited in the bank but returned as NSF. 8. Check No. 153, which was written in the amount of $475 but recorded by the bank as $745Step by Step Solution
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