quined for Marathon Running Shoes ES-20 Classifying bank reconciliation items The following items could appear...
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quined for Marathon Running Shoes ES-20 Classifying bank reconciliation items The following items could appear on a bank reconciliation: a. Outstanding checks, $670 b. Deposits in transit, $1,500. c. NSF check from customer, no. 548, for $175. d. Bank collection of note receivable of $800, and interest of $80. e. Interest carned on bank balance, $20. f. Service charge, $10. g. The business credited Cash for $200. The correct amount was $2,000. h. The bank incorrectly decreased the business's account by $350 for a check written by another business Classify each item as (1) an addition to the book balance, (2) a subtraction from the book balance, (3) an addition to the bank balance, or (4) a subtraction from the bank balance
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