Question: Identify reconciling items that require adjusting entries. BE 7 . 1 2 ( LO 3 ) , C The following reconciling items are applicable to

Identify reconciling items that require adjusting entries.
BE7.12(LO 3), C The following reconciling items are applicable to the bank reconciliation for Forde Co. Indicate (1) the items that will result in an adjustment to the depositors records and (2) why the other items do not require adjustment.
Outstanding checks.
Bank debit memorandum for service charge.
Bank credit memorandum for collecting an electronic funds transfer.
Deposits in transit.

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