Indicate whether the firm should add or subtract each item below from its balance of cash or the bank€™s balance of cash in preparing a bank reconciliation. The first answer is provided as an example. If an item is not a reconciling item, state €œNoentry.€

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Reconciliation Items Bank Balance Subtract Company Balance No entry 1. Checks outstanding 2. NSF checks 3. Deposit recorded twice by company 4. Interest earned 5. Deposits outstanding 6. Bank service fees