Question: For each of the items indicate whether its amount affects the bank or book side of a bank reconciliation and is an addition or a

For each of the items indicate whether its amount affects the bank or book side of a bank reconciliation and is an addition or a subtraction in a bank reconciliation and whether an adjusting journal entry is required: Items a. Interest on cash balance b. Bank service charges c. Minimum balance bank foe d. Outstanding checks o Collection of note by bank 1. NSF checks 9. Outstanding deposits Bank or Book Addition or Subtraction Adjusting entry required Book Addition [Yes Book Subtraction Yes Book Subtraction Yes Bank Subtraction Book Addition Yes Book Subtraction Yes Bank Addition INo No

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