Indicate which adjustments would require a journal entry during the completion of the bank reconciliation. Place an "X" on the respective line(s).
________ a. Deposit in transit
________ b. Bank service charge
________ c. NSF cheque
________ d. Cheque written for $19 recorded as $91
________ e. Outstanding cheques
________ f. Cheque written for $42 recorded as $4
________ g. Cheque printing charge
________ h. Note collected by bank.
Correct Answer:
Verified
____X___...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q89: What is the difference between a debit
Q103: Prepare the required journal entries from the
Q104: From the following information, prepare the bank
Q105: Banks routinely return cancelled cheques with bank
Q106: Construct the bank reconciliation for Zone Training,
Q109: Transferring money without paper cheques is called
Q110: Determine the reconciled bank balance given the
Q111: S.W.I.F.T. codes in modern banking make moving
Q112: When completing a bank reconciliation, explain why
Q113: Construct the bank reconciliation for Evitus Company
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents