Matching
Assign the letter to indicate whether the following items would be added to or subtracted from the company’s books or the bank statement during the construction of a bank reconciliation.
Premises:
outstanding checks
bank service charge
deposit in transit
NSF check
EFT deposit from a customer
charges for some other company’s safe deposit box were posted to your account
a $1,000 note from one of your customers was collected by the bank
interest revenue earned by the note above
Responses:
added to the company’s books
subtracted from the company’s books
added to the bank statement balance
subtracted from the bank statement balance
Correct Answer:
Premises:
Responses:
outstanding checks
bank service charge
deposit in transit
NSF check
EFT deposit from a customer
charges for some other company’s safe deposit box were posted to your account
a $1,000 note from one of your customers was collected by the bank
interest revenue earned by the note above
Premises:
outstanding checks
bank service charge
deposit in transit
NSF check
EFT deposit from a customer
charges for some other company’s safe deposit box were posted to your account
a $1,000 note from one of your customers was collected by the bank
interest revenue earned by the note above
Responses:
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