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Question 1 : The following items could appear on a bank reconciliation: a . Outstanding checks, $ 6 7 0 . b . Deposits in
Question : The following items could appear on a bank reconciliation:
a Outstanding checks, $
b Deposits in transit, $
c NSF check from customer, no for $
d Bank collection of note receivable of $ and interest of $
e Interest earned on bank balance, $
f Service charge, $
g The business credited Cash for $ The correct amount was $
h The bank incorrectly decreased the businesss account by $ for a check written by another business.
Classify each item as an addition to the book balance, a subtraction from the book balance, an addition to the bank balance, or a subtraction from the bank balance.
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