Match the reconciling items from the left-hand column with the proper reconciling action from the right-hand column:

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Match the reconciling items from the left-hand column with the proper reconciling action from the right-hand column:
1. Deposits in transit

2. Outstanding checks

3. Bank service charge

4. Cash collected by bank on note

a. Add to bank statement balance

b. Subtract from bank statement balance

c. Add to cash general ledger account

d. Subtract from cash general ledger account

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Financial & Managerial Accounting For Undergraduates

ISBN: 9781618533104

2nd Edition

Authors: Jason Wallace, James Nelson, Karen Christensen, Theodore Hobson, Scott L. Matthews

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Question Posted: May 19, 2024 02:03 AM

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Match the reconciling items from the left-hand column with the proper reconciling action from the right-hand column:

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Financial & Managerial Accounting For Undergraduates

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