LO 6-3 Exercise 6-9A Adjustments to the balance per bank Required Identify which of the following items are added to or subtracted from the unadjusted bank balance to arrive at the true cash balance. Distinguish the additions from the subtractions by placing a + beside the items that are added to the unadjusted bank balance and a - beside those subtracted from it. The first item is recorded as an example. Reconciling Items Bank service charge Outstanding checks Deposits in transit Debit memo Credit memo Certified checks Petty cash voucher NSF check from customer Interest revenue Bank Balance Adjusted? No Added or Subtracted? ΝΑ

LO 6-3 Exercise 6-9A Adjustments to the balance per bank Required Identify which of the following items are added to or subtracted from the unadjusted bank balance to arrive at the true cash balance. Distinguish the additions from the subtractions by placing a + beside the items that are added to the unadjusted bank balance and a - beside those subtracted from it. The first item is recorded as an example. Reconciling Items Bank service charge Outstanding checks Deposits in transit Debit memo Credit memo Certified checks Petty cash voucher NSF check from customer Interest revenue Bank Balance Adjusted? No Added or Subtracted? ΝΑ

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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