Indicate whether each of the following should be (A) added to the bank statement balance, (B) subtracted from the bank statement balance, (C) added to the checkbook balance, or (D) subtracted from the checkbook when computing the reconciled balance.
a.Outstanding checks
b.Bank fee for printing checks
c.Error in the check register: a deposit of $995 was recorded as $955
d.Deposit which did not appear on the bank statement
e.Service fees for ATM withdrawals
Correct Answer:
Verified
Q48: A check register shows a balance of
Q49: A bank statement shows a balance of
Q50: A check register shows a balance of
Q51: A check stub shows a balance brought
Q52: A check register shows a balance of
Q54: Compute the reconciled balance:
Bank statement balance: $1,234.00
Checkbook
Q55: Indicate whether each of the following should
Q56: Compute the reconciled balance:
Bank statement balance: $642.75
Checkbook
Q57: Indicate whether each of the following should
Q58: A check register shows a balance of
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