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Using the cede letters below, indicate how each of the items fisted would be handled when preparing a bank reconlation Enter the oppropriote code letter
Using the cede letters below, indicate how each of the items fisted would be handled when preparing a bank reconlation Enter the oppropriote code letter in the space to Ehe left of each item. 2) Bank Reconediation (4 marks) Code Add to books Deduct from books Add to bank A Deduct from bank Does not affect the bank reconciliation ttems 1. Outstanding cheques Cheque for $320 correctly written and paid by the bank but incorrectly entered in the general journal for $230. 3. Deposit in transit Bank returns deposited cheque marked NSF 4. Bank collects accounts receivable for depositor electronically. 5. 6 Bank debit memorandum for cheque printing fees 7. Petty cash custodian has $86 in paid petty cash vouchers that have not been reimbursed. 8. Bank charged a cheque against the company that should have been charged to another company
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