Which of the following items would be added to the balance per books on a bank reconciliation?
A)Outstanding checks
B)Deposit in transit
C)Service charge assessed by the bank
D)Interest collected by the bank on a customer note

Question

Quizplus · Accepted Answer

Interest collected by the bank on a customer note would be added to the balance per books because it represents additional funds that the bank has collected on behalf of the company, which the company has not yet recorded in its books.

Which of the Following Items Would Be Added to the Balance