Question

Roger Richman owns Richman Blankets. Richman asks you to explain how he should treat the following reconciling items when reconciling the company’s bank account.
1. Outstanding checks.
2. A deposit in transit.
3. The bank charged to our account a check written by another company.
4. A debit memorandum for a bank service charge.



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  • CreatedJanuary 30, 2014
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