How would the following be handled on the bank reconciliation? Added? Subtracted? Ledger side or Bankside? Place an 'X' in correct box. Ledger 1. Outstanding cheques 2. Bank service charges 3. Interest earned on bank account 4. Bookkeeping error. Cheque recorded in Add Bank Subtract Add Subtra

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.