Design and use a bank reconciliation

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Reference no: EM13745974

(Learning Objective 3: Design and use a bank reconciliation) The following items appear on a bank reconciliation:

1. — Service charge

2. — Book error: We debited Cash for $100. The correct debit was $1,000.

3. — NSFcheck

4. — Bank collection of a note receivable on our behalf

5. — Deposits in transit

6. — Bank error: The bank credited our account for a deposit made by another bank customer.

7. — Outstanding checks

Reference no: EM13745974

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Design and use a bank reconciliation : Service charge. Book error: We debited Cash for $100. The correct debit was $1,000. NSFcheck. Bank collection of a note receivable on our behalf

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