Indicate how the following items would be treated in a bank reconciliation You may choose from the following answers (note check 924 was used to purchase equipment) A B C D Collection of a $1,000 note receivable less $10 collection fee which you left with the bank for collection proceeds were deposited in your account A B C D $8000 Deposit in transit at month end A B C D $45 Bank service charge A B C D $5,000 Checks outstanding at month end A B C D Customer check for $200 deposited in the bank but returned as NSF A B C D Error in check 924, which was drawn in the amount of $817 to purchase equipment but was recorded in the accounting records as $871 A B C D A check for $600 drawn by another depositor which the bank erroneously deducted from your account A B C D $20 Interest earned on account A Deducted from balance per books B Added to balance per books C Deducted from balance per bank D Added to balance per bank

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Question: Indicate how the following items would be treated in a bank reconciliation. You may choose from the following answers (note check 924 was used to

Indicate how the following items would be treated in a bank reconciliation. You may choose from the following answers (note check 924 was used to purchase equipment):

- A. B. C. D.	Collection of a $1,000 note receivable less $10 collection fee which you left with the bank for collection; proceeds were deposited in your account.
- A. B. C. D.	$8000 Deposit in transit at month-end
- A. B. C. D.	$45 Bank service charge
- A. B. C. D.	$5,000 Checks outstanding at month-end
- A. B. C. D.	Customer check for $200 deposited in the bank but returned as NSF
- A. B. C. D.	Error in check #924, which was drawn in the amount of $817 to purchase equipment but was recorded in the accounting records as $871
- A. B. C. D.	A check for $600 drawn by another depositor which the bank erroneously deducted from your account
- A. B. C. D.	$20 Interest earned on account.

A.	Deducted from balance per books
B.	Added to balance per books
C.	Deducted from balance per bank
D.	Added to balance per bank

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