When preparing a bank reconciliation which of the following items should be subtracted from the bank balance *?

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Question

Which of the following items would be subtracted from 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

Answer

This answer is hidden.

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Q: which of the following items can be added to or subtracted from the bank balance when preparing the bank reconciliation? a) book errors b) bank errors c) eft payments by bank d) eft receipts by bank

When preparing a bank reconciliation which of the following items would be subtracted from the bank balance on the bank statement?

Which of the following would be deducted from the balance on a bank reconciliation?

What is added and subtracted on a bank reconciliation?

When preparing a bank reconciliation which of the following items would be added to the book balance?