Ten items that may or may not be involved in the bank reconciliation process for April are listed in the table shown below:

Instructions
Complete the table shown above, identifying where each item should be included on a bank reconciliation prepared for the month of April. Insert a check mark (✓) in the appropriate column indicating whether the item should be added to, or deducted from, the bank or the books. If the item should not be included in the bank reconciliation, write "NA" for not applicable. Finally, indicate whether the item will require an adjusting entry on the company books by writing "yes" or "no" in the last column. The first item has been done for you as an example.

Bank Books Adjusting Entry Deduct (Credit)(Debit (Debi(Credit) Add Deduct Add Item uired 1. Deposits in transit at the end of April 0 2. Deposits in transit at the beginning of April that cleared the bank in April 3. Outstanding cheques at the end of April 4. Outstanding cheques at the beginning of April that cleared the bank in April 5. Cheque written for $250 recorded in error as $520 on the books 6. Deposit of $400 made in error by the bank to the company's account 7. Bank service charges 8. EFT, collection on account not previously recorded by company 9. NSF cheque received from customer 10. Interest earned on bank account