Entries Based on Bank Reconciliation Which of the reconciling items listed below require an entry in the company's accounts? (None of the transactions reported by bank debit and credit memos have been recorded by the company.) Item Entry Required 1. Bank service charges.   2. NSF check returned to company by the bank.   3. Check incorrectly recorded by company.   4. Check incorrectly charged by bank.   5. Deposit in transit.   6. Outstanding checks.   7. Note collected by bank.

Q: Please provide Solutions

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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.