For each of the items below,use the following letters to identify the correct treatment in a bank reconciliation.
Add to balance per bank Add to balance per books
Deduct from balance per bank Deduct from balance per books ____ 1.Interest income
____ 2.Outstanding checks
____ 3.Check written for $89,but $98 recorded in books
____ 4.Customer's NSF check
____ 5.Note receivable collected by bank
____ 6.Deposit made for $70,but $700 recorded in books
____ 7.Bank check-printing charge
____ 8.Check written for $52,but $25 recorded in books
____ 9.Deposits in transit
____ 10.Bank fee for collection on note receivable
Correct Answer:
Verified
2.B
3....
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