Question: Assuming that a business does not have an overdraft, where would you put the following items in the bank reconciliation process (1 option for each

Assuming that a business does not have an overdraft, where would you put the following items in the bank reconciliation process (1 option for each item): 1. An addition to the General Ledger Cash at Bank balance. 2. A subtraction from the General Ledger Cash at Bank balance. 3. An addition to the Bank Statement balance on the Bank Reconciliation Statement. 4. A subtraction from the Bank Statement balance on the Bank Reconciliation Statement.

Deposits in transit Choose...

Outstanding cheques Choose...

Interest charged on the bank account for being overdrawn two days. Choose...

Bank collection of an accounts receivable Choose...

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