?Homework Chapter $6$

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$2$

A table for a monthly bank reconciliation dated September $30$ ?is given below. For each item $1$ ?through $12,$ ?indicate whether the item should be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation.

Note: Select the answers In the approprlate cells. Leave no cells blank. Be certaln to select $"$NA$"$ ?In flelds whleh are not appllcable.

$4\mathrm{.}16$ ?points

$\backslash$table$[[$Item$,$Bank Balance,Book Balance,$\backslash$table$[[$Debit or$],[$Credit to Cash$],[$Account$]],\backslash$table$[[$Shown or Not$],[$Shown on$],[$Reconciliation$]]],[1.$ ?Checks outstanding on August $31$ ?that cleared the bank in September.,,,,$],[2.$ ?Deposits mailed to the bank on September $30$ ?had not been recorded by the bank until October $2.,,,,],[3.$ ?A note receivable is collected by the bank for the company, but it is not yet recorded by the compan,,,,$],[4.$ ?The company hired a new treasurer.,,,,$],[5.$ ?Outstanding checks to suppliers existed at the end of September.,,,,$],[6.$ ?The company had outstanding checks to employees on September $30.,,,,],[\backslash$table$[[7.$ ?Check written against the company's account and cleared by the bank erroneously not recorded by$],[$the company's recordkeeper.$]],,,,],[\backslash$table$[[8.$ ?The bank received an electronic funds transfer $($EFT$)$ ?and deposited the amount in the company's$],[$account on September $30.$ ?The company has not yet recorded this EFT.$]],,,,],[9.$ ?Night deposit made on September $30$ ?after the bank closed.,,,,$],[10.$ ?Deposits in transit as of September $30$ ?were not recorded by the bank until October $3.,,,,],[\backslash$table$[[11.$ ?Interest was earned by the company on the cash balance it had with the bank. The company has$],[$not yet recorded this interest.$]],,,,],[12.$ ?The company made a month$-$end accrual for wages earned but not yet paid.,,,,$]]$