Select the following items would be added or subtracted from the company\'s book

Question

Select the following items would be added or subtracted from the company's books or the bank statement during the construction of a bank reconciliation.

Answers:
added to the company's books, substracted form the company's books or added to the bank statement balance, substarcetd fromt he bank statement balance


1. Outstanding checks
2. Bank service charge
3. Deposit in transit
4. NSF check
5. EFT deposit from a customer
6. Charges for some other company%u2019s safe deposit box were posted to your account
7. A $1,000 note from one of your customers was collected by the bank 8. Interest revenue earned by the note above Select the following items would be added or subtracted from the company's books or the bank statement during the construction of a bank reconciliation.

Answers:
added to the company's books, substracted form the company's books or added to the bank statement balance, substarcetd fromt he bank statement balance


1. Outstanding checks
2. Bank service charge
3. Deposit in transit
4. NSF check
5. EFT deposit from a customer
6. Charges for some other company%u2019s safe deposit box were posted to your account
7. A $1,000 note from one of your customers was collected by the bank 8. Interest revenue earned by the note above

Explanation / Answer

1.add bank statement balance

2.add bank statement balance

3.add bank statement balance

4.add to company's book

5.subtract from company's books

6.subtract bank statement balance

7.add to bank statement balance

8.add to bank statement balance

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