Question: Question Help For each timing difference listed, identify whether the difference would be reported on the book side of the reconciliation or the bank side

Question Help For each timing difference listed, identify whether the difference

Question Help For each timing difference listed, identify whether the difference would be reported on the book side of the reconciliation or the bank side of the reconciliation. In addition, identify whether the cifference would be an addition or subtraction. Is book or bank affected? Is it an addition or Timing difference subtraction? Deposit In transit a. b. Bank collection Debit memorandum from bank c. d. EFT cash recelpt e. Outstanding checks f. $1,000 deposit erroneously recorded by the bank as $100 g. Service charges h. Interest revenue $2,500 cash payment for rent expense erroncously recorded by the business as $250 . Credit memorandum from bank

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