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A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the item should be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation. (Select the answers in the appropriate cells. Leave no cells blank. Be certain to select "NA" in fields which are not applicable

A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the item should be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation. (Select the answers in the appropriate cells. Leave no cells blank. Be certain to select "NA" in fields which are not applicable

Financial Accounting: The Impact on Decision Makers
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter6: Cash And Internal Control
Section: Chapter Questions
Problem 6.3E
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A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the item should be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation. (Select the answers in the appropriate cells. Leave no cells blank. Be certain to select "NA" in fields which are not applicable.)

A table for a monthly bank reconciliation dated September 30 is given below. For each Item 1 through 12, Indicate whether the item should be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation. (Select the answers in the appropriate cells. Leave no cells blank. Be certain to select "NA" In fields which are not applicable.) 1. The company hired a new treasurer. 2. Deposit made on September 5 and processed by bank on September 6. 3. Check written by another depositor but charged against this company's account. 4. NSF check shown on bank statement but not yet recorded by company. 5. Deposit made on September 30 after the bank closed. 6. Bank fees for check printing are not yet recorded by the company. 7. Bank service charge. 8. Checks outstanding on August 31 that cleared the bank in September. 9. Check written against the company's account and cleared by the bank; erroneously not recorded by the company's recordkeeper. 10. A note receivable is collected by the bank for the company but not yet recorded by the company. 11. Checks written and mailed to payees on October 2. 12. Checks written by the company and mailed to payees on September 30. Bank Balance Book Balance Shown or Not Shown on Reconciliation
Transcribed Image Text:A table for a monthly bank reconciliation dated September 30 is given below. For each Item 1 through 12, Indicate whether the item should be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation. (Select the answers in the appropriate cells. Leave no cells blank. Be certain to select "NA" In fields which are not applicable.) 1. The company hired a new treasurer. 2. Deposit made on September 5 and processed by bank on September 6. 3. Check written by another depositor but charged against this company's account. 4. NSF check shown on bank statement but not yet recorded by company. 5. Deposit made on September 30 after the bank closed. 6. Bank fees for check printing are not yet recorded by the company. 7. Bank service charge. 8. Checks outstanding on August 31 that cleared the bank in September. 9. Check written against the company's account and cleared by the bank; erroneously not recorded by the company's recordkeeper. 10. A note receivable is collected by the bank for the company but not yet recorded by the company. 11. Checks written and mailed to payees on October 2. 12. Checks written by the company and mailed to payees on September 30. Bank Balance Book Balance Shown or Not Shown on Reconciliation
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