For each timing difference listed, identify whether the difference would be reported on the book side of the reconciliation or the bank side of the reconciliation. In addition, identify whether the difference would be an addition or subtraction Is book or bank affected? Is it an addition or subtraction? Timing difference a. b. c. d. e. f. g. h. Deposit in transit Bank collection Debit memorandum from bank EFT cash receipt Outstanding checks $1,000 deposit erroneously recorded by the bank as $100 Service charges Interest revenue $2,500 cash payment for rent expense erroneously recorded by the business as $250 j. Credit memorandum from bank