Essay
Using the code letters below, indicate how each of the items listed would be handled in preparing a bank reconciliation. Enter the appropriate code letter in the space to the left of each item.
9. Bank charged a check against the company, which should have been charged to
another company.
10. A check for $236 was correctly paid by the bank but was incorrectly entered in the cash payments journal for $263
Correct Answer:

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1. D 6. A
2. B 7. B
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Correct Answer:
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2. B 7. B
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