Required Identify which of the following items are added to or subtracted from the unadjusted book balance
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Identify which of the following items are added to or subtracted from the unadjusted book balance to arrive at the true cash balance. Distinguish the additions from the subtractions by placing a + beside the items that are added to the unadjusted book balance and a - beside those that are subtracted from it. The first item is recorded as an example.
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Book Balance Adjusted? Yes Added or Subtracted? Reconciling Items Credit memo Interest revenue Deposits in transit Debit memo Service charge Charge for printing checks NSF check from customer Note receivable collected by the bank Outstanding checks
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Related Book For
Fundamental Financial Accounting Concepts
ISBN: 978-0078025907
9th edition
Authors: Thomas Edmonds, Christopher Edmonds
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