Question: In preparing a bank reconciliation, _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ are _ _

In preparing a bank reconciliation, _________________ are _____________ the bank balance. (Chooseall that fit)
A.
Outstanding check; subtracted from
B.
Deposits in transit (Outstanding); subtracted from
C.
Bank fees; added to
D.
Deposits in transit (Outstanding); added to

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

are these correct? Question 6 South Rater's general ledger showed a cash balance of S14,565 at October 31. The company's bank statement for the month of October showed that the company had a cash...

Q:

need assistance woth part 5 This practice set is designed in five parts. In the first part, the student will complete the journal entries for the month of January in an Excel spreadsheet using the...

Q:

NEED HELP WITH PART 2, 3, 4 AND 5 PLEASE!!!! CCOUNTING SETY The Business This practice set is designed in five parts. In the first part, the student will complete the journal entries for the month of...

Q:

chandise num paperwork. He e neis. AL UNU grocery store, the manager decides to reduce work. He eliminates the requirement that a receiving department employee pre- a receiving report, which lists...

Q:

CHAPTER 3: BANK RECONCILIATION INTERMEDIATE ACCTG 1A 2021 EDITION by: ZEUS VERNON MILLAN Problem 1 T/F Problem 2 Multiple Choice Theory Problem 4 Multiple Choice Problem Bank Reconciliation 133...

Q:

14 Mir D Question 8 2 pts When preparing a bank reconciliation, a debit memorandum for $400 was on Smythe Co.'s bank statment for a NSF check that was received from a customer. The check had been...

Q:

Question 5 Attempt due: No 1 Hour, 24 M 2 pts On September 30, 2005, Dart Co's bank statement showed a balance of $9.510, and the checkbook showed a balance of $8,540. When preparing the bank...

Q:

provide explanations and solutions INSTRUCTIONS: Provide explanations and solutions Cash balance per book 1. Beacon Company provided the following information for the month of December Cash balance...

Q:

Part Four Instructions In this part of the practice set, the student will prepare a Bank Reconciliation for the month of January. Start by using the ending balance in your cash account for the cash...

Q:

says its incomplete why? is this correct? General Company's Cash occount shows a $7,000 debit balance and its bank statement shows $6,210 cash on deposit at the close of business on August 31....

Q:

Recently, Phil Harris, the production control manager at Brunswick, read an article on time- phased requirements planning. He was curious about how this technique might work in scheduling Brunswicks...

Q:

Daniels Company is owned and operated by Thomas Daniels. The following selected transactions were completed by Daniels Company during May: 1. Received cash from owner as additional investment...

Q:

which of teh following will impact of cost of equity component and weighted cost of capital

Q:

A company issues 1,050 shares of its common stock for $33,600 cash. Prepare journal entries to record this event under each of the following separate situations.