Matching
For each of the items below, use the following letters to identify the correct treatment in a bank reconciliation.
Premises:
Interest income
Outstanding checks
Check written for $89, but $98 recorded in books
Customer's NSF check
Note receivable collected by bank
Deposit made for $70, but $700 recorded in books
Bank check-printing charge
Check written for $52, but $25 recorded in books
Deposits in transit
Bank fee for collection on note receivable
Responses:
Add to balance per bank
Deduct from balance per bank
Add to balance per books
Deduct from balance per books
Correct Answer:
Premises:
Responses:
Interest income
Outstanding checks
Check written for $89, but $98 recorded in books
Customer's NSF check
Note receivable collected by bank
Deposit made for $70, but $700 recorded in books
Bank check-printing charge
Check written for $52, but $25 recorded in books
Deposits in transit
Bank fee for collection on note receivable
Premises:
Interest income
Outstanding checks
Check written for $89, but $98 recorded in books
Customer's NSF check
Note receivable collected by bank
Deposit made for $70, but $700 recorded in books
Bank check-printing charge
Check written for $52, but $25 recorded in books
Deposits in transit
Bank fee for collection on note receivable
Responses:
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