Ryou Kato owns Kato Blankets. Ryou asks you to explain how he should treat the following reconciling

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Ryou Kato owns Kato Blankets. Ryou asks you to explain how he should treat the following reconciling items when reconciling the company's bank account.
1. Outstanding checks.
2. A deposit in transit.
3. The bank charged to the company account a check written by another company.
4. A debit memorandum for a bank service charge.
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Related Book For  book-img-for-question

Financial Accounting

ISBN: 978-1118978085

IFRS 3rd edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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