Question: Indicate by placing an x under the appropriate heading or the following bank reconciliation actions: Situation add to bank balance deduct from bank balance add
Indicate by placing an "x" under the appropriate heading or the following bank reconciliation actions:
| Situation | add to bank balance | deduct from bank balance | add to checkbook balance | deduct from checkbook balance |
| bank service charge | ||||
| Deposit in transit | ||||
| Bank credit memorandum | ||||
| NSF check | ||||
| a $50 payment was incorrectly recorded by bookkeeper as $60 | ||||
| Bank deposit memorandum | ||||
| Outstanding check | ||||
| voided check | ||||
| interest |
| Deposit. | ||||
| direct deposit | ||||
| Check issued |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
