Identify each of the following reconciling items as: (a) an addition to the cash balance according to
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1. Bank service charges, $30.
2. Check of a customer returned by bank to company because of insufficient funds, $1,750.
3. Check for $390 incorrectly recorded by the company as $930.
4. Check for $50 incorrectly charged by bank as $500.
5. Deposit in transit, $9,700.
6. Outstanding checks, $33,110.
7. Note collected by bank, $24,600.
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Related Book For
Accounting
ISBN: 978-1133607601
25th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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