Essay
Identify whether each of the following items affects the bank side or the book side of a bank statement reconciliation._____ (1)Bank service charges_____ (2)Outstanding cheques_____ (3)Deposits in transit_____ (4)NSF cheque_____ (5)Interest on a chequing account_____ (6)The bank recorded a cheque for $958The bank printed cheques for the depositor._____ (8)Debit memo_____ (9)Credit memo_____ (10)The bank collected a $1,000 note for the depositor.
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