For a through g, indicate whether its amount (1) Affects the bank or book side of a

Question:

For a through g, indicate whether its amount

(1) Affects the bank or book side of a bank reconciliation,

(2) Is an addition or a subtraction in a bank reconciliation,

(3) Requires a journal entry.

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Related Book For answer-question

Principles Of Financial Accounting (Chapters 1-17)

ISBN: 9781260780147

25th Edition

Authors: John Wild

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Question Posted: Jul 27, 2023 08:52 AM

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For a through g, indicate whether its amount (1) Affects the bank or book side of a

Question:

a. Interest on cash balance.... b. Bank service charges.... c. Minimum balance bank fee .... d. Outstanding checks ..... e. Collection of note by bank.. f. NSF checks..... g. Deposits in transit.. Bank or Book Side Add or Subtract Entry or Not

Step by Step Answer:

Bank or Book Side Add or Subtract Entry or Not a 1 Book 2 Add 3 Entry required b 1 Book ...View the full answer

Principles Of Financial Accounting (Chapters 1-17)

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