Place a check mark in the column that indicates the location of each item that would be
Question:
Place a check mark in the column that indicates the location of each item that would be found on a bank reconciliation. Assume that the checks written by the company are writtencorrectly.
Transcribed Image Text:
Subtract Add to Bank from BankAdd to Ledger Statement Balance Subtract from Ledger Statement Balance Balance of Cash Balance of Cash Item a. A check-printing charge b. An outstanding check c. A deposit for $197 listed incorrectly on the d. A collection charge the bank made for a note it e. A check written for $41.73 and recorded f. A deposit in transit bank statement as $179 collected for its depositor incorrectly in the checkbook as $41.37 An NSF check received from a customer h. A check written for $82.40 and recorded incorrectly in the checkbook as $820.40
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Related Book For
College Accounting
ISBN: 978-1111528126
11th edition
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
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