Matching
Identify whether each of the following items would on appear on the bank side or the book side of a bank reconciliation.
Premises:
Bank service charges
The bank printed checks for the depositor for a fee
NSF check
Bank debit memorandum
The bank collected a $1,000 note for the depositor
Bank credit memorandum
Interest on a checking account
The bank incorrectly recorded a check for $9.58. The company properly wrote the check for $95.80
Responses:
Book
Bank
Correct Answer:
Premises:
Responses:
Bank service charges
The bank printed checks for the depositor for a fee
NSF check
Bank debit memorandum
The bank collected a $1,000 note for the depositor
Bank credit memorandum
Interest on a checking account
The bank incorrectly recorded a check for $9.58. The company properly wrote the check for $95.80
Premises:
Bank service charges
The bank printed checks for the depositor for a fee
NSF check
Bank debit memorandum
The bank collected a $1,000 note for the depositor
Bank credit memorandum
Interest on a checking account
The bank incorrectly recorded a check for $9.58. The company properly wrote the check for $95.80
Responses:
Related Questions
Q4: A company's internal control system:<br>A)Eliminates the risk
Q25: Internal control policies and procedures are the
Q84: The document that is an itemized statement
Q119: Which of the following statements is true
Q143: A _ fund is used for the
Q188: Cash equivalents are short-term highly liquid investment
Q188: The document that the purchasing department prepares
Q193: Match the following terms with the appropriate
Q195: Identify each of the following items as
Q216: The petty cash fund should be reimbursed