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Which of the following statements is correct when we compute the proper bank balance when the bank reconciliation was completed? ort (1) Balance per bank
Which of the following statements is correct when we compute the proper bank balance when the bank reconciliation was completed? ort (1) Balance per bank statement (2) Deposit in transit (3) Outstanding checks (4) Bank service charges (5) NSF check (6) Collection of note by bank (principal + interest) (7) Undeposited receipts (cash on hand) (8) Bank errors that understate the bank statement balance (9) Balance per the company's book (91+(3-(5)-(6)(8) (9)+(21-(3) 7) + (8) 191-(4) + (5) - (6) -(8) (9) - (4) - (5) + (6) +(8) Next
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