This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Match each of the following steps in the bank reconciliation process to the situations below. Some ... (Read 75 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
on: Jul 5, 2018
Match each of the following steps in the bank reconciliation process to the situations below. Some of the steps may be used more than once.
 
  a. Add to the balance on the bank statement
  b. Add to the balance on the company's books
  c. Deduct from the balance on the bank statement
  d. Deduct from the balance on the company's books
 
  _____ 1. NSF check
  _____ 2. Team Shirts correctly deposited a check for 153. The bank recorded the check as 135.
  _____ 3. Outstanding checks
  _____ 4. Monthly service fees charged by the bank
  _____ 5. Deposits in transit

Question 2

Banks providing check printing and processing will typically assess fees known as ___________________ _.
 Fill in the blank(s) with correct word


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nmyers

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 5, 2018
Answer to Question 1

d, a, c, d, a

Answer to Question 2

service charges


awywial

  • Member
  • Posts: 577
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

Chelseyj.hasty

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

The human birth process as an example of positive feedback. The human birth process as an example of positive feedback.
The lost-wax casting process. The lost-wax casting process.
Coding for Special Situations Cont Coding for Special Situations Cont
Transitions from One Stage to Another: Some Possible Triggering Situations of Experiences that may ... Transitions from One Stage to Another: Some Possible Triggering Situations of Experiences that may ...
Initiation and elongation steps of transcription by bacterial RNA polymerase Initiation and elongation steps of transcription by bacterial RNA polymerase
The steps in the process of creating a karyotype for chromosome analysis. The steps in the process of creating a karyotype for chromosome analysis.
Video: Kidney Stones

For a complete list of videos, visit our video library