Knowledge Check $01$

Provided below are items related to Beaver Company during the month of April. The company discovered these items when examining its statement from Northern Bank. For each item, indicate whether it represents an addition or a subtraction in reconciling the company's cash balance.

Northern Bank credited Beaver's account for $$15$ of interest earned during April

Northern Bank notifies Beaver of an NSF check in the amount of $$420$

Northern Bank charges service fees of $$40$ to Beaver

Northern Bank collects $$2,200$ for a note owed to Beaver principal and $$100$ interest$)$

Beaver's accountant made an error in recording check #$354$; the check was written for $$670,$ but was recorded incorrectly as $$760$

Beaver paid $$280$ for utilities by EFT

An employee of Beaver Company used a company debit card to purchase office supplies, $$80$