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

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.

Place a check mark in the column that indicates the

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

Step by Step Solution

3.33 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

ADD SUBTRACT ADD SUBTRACT TO FROM TO FROM BANK BANK LED... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

339-B-A-P (404).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!