Bank Statement Balance adjustments are limited to 1) Outstanding Checks; 2) Deposits in Transit; 3) BANK errors.
All other adjustments are adjustment to the Book Balance.
indicate whether the following items in a bank reconciliation should be: A)Added to the check book blance B) DEDUCTED FROM THE CHECKBOOK C)added to the bank statement balance D) deducted from the bank statement balance 1) outstanding deposit of 1,200 is a,b,c,or,d. i think b or d. 2)an nsf check from customer anne campbell for 52 dollars. i think its c,if wrong please correct. 3)an outstanding check for $185 wriiten to cole relity. i think its a. 4)the monthly service charge $15 . i think its d. 5) a bank error charging the firms account with another companys check.i think its d or b. please correct if im wrong by putting the right multiple choice thank you so much i apprecite the help.
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