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Indicate the Effect on a Monthly Bank Reconciliation of Each

Question 114

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Indicate the effect on a monthly bank reconciliation of each of the items listed below by placing the appropriate letter to the left of each item.
A. Addition to the balance in the company's Cash account.
B. Deduction from the balance in the company's Cash account.
C. Addition to the balance on the bank statement.
D. Deduction from the balance on the bank statement.
E. Does not affect the reconciliation.
Indicate the effect on a monthly bank reconciliation of each of the items listed below by placing the appropriate letter to the left of each item. A. Addition to the balance in the company's Cash account. B. Deduction from the balance in the company's Cash account. C. Addition to the balance on the bank statement. D. Deduction from the balance on the bank statement. E. Does not affect the reconciliation.

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1. B; 2. C...

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