Question: Indicate whether the following items in a bank reconciliation should

Indicate whether the following items in a bank reconciliation should be
(1) Added to the Cash account balance,
(2) Deducted from the Cash account balance,
(3) Added to the bank statement balance,
(4) Deducted from the bank statement balance.
a. NSF check
b. Deposit in transit
c. Outstanding check
d. Bank error charging the business’s account with another company’s check
e. Bank service charge


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  • CreatedOctober 21, 2014
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