Test: Chapter 8 Extra Effort 01 00 33 This Question: 1 pt 6af 10 10 complete , |
ID: 2591387 • Letter: T
Question
Test: Chapter 8 Extra Effort 01 00 33 This Question: 1 pt 6af 10 10 complete , | This Test: 10 M For each liming atferance ietest,identy whether the aiterence would be repoted on the bek siot of the reconcaanoe ox the bank side of the tecenciation in soton , identty whethar tie diteresce would be an anten oubtraction is book or bark is it an adaton or Timing diference a. Deposit in transt b Bank collection C. Debit memorandum from bank . EFT cash receipt e· Outstanding checks $1,000 deposit erroneousy recorded by the bank as 5100 o. Service charges st revenue cash payment for rent expense arronsously recorded by the business as $250 k Creat emorandum from bankExplanation / Answer
Solution:
a.Bank Addition
b.Book Addition
c.Book Subtraction
d.Book Addition
e.Bank Subtraction
f.Bank Addition
g.Book Subtraction
h.Book Addition
i.Book Subtraction
j.Book Addition
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