Required Identify whlch of the followIng Items are added to or subtracted from the unadjusted bank balance to arrive at the true cash balance. Distingulsh the additions from the subtractions by selecting a + beside the Items that are added to the unadjusted bank balance and a - beside those that are subtracted from It The first Item Is recorded as an example. (If the Item Is not added to or subtracted from the adjusted book balance, leave the cell blank.) Bank Balance Adjusted? Added or Subtracted? Reconciling Iterns Bank service charge No Outstanding checks Deposits in transit Debit memo Credit memo Certified checks Petty cash voucher NSF check from customer Interest revenue

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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Required
Identify whlch of the following Items are added to or subtracted from the unadjusted bank balance to arrive at the true cash balance.
Distingulsh the additions from the subtractions by selecting a beslde the Items that are added to the unadjusted bank balance and a
- beside those that are subtracted from It The first Item Is recorded as an example. (If the tem Is not added to or subtracted from the
adjusted book balance, leave the cell blank.)
Bank Balance
Reconciling Items
Adjusted?
Added or
Subtracted?
Bank service charge
No
Outstanding checks
Deposits in transit
Debit memo
Credit memo
Certified checks
Petty cash voucher
NSF check from customer
Interest revenue
Transcribed Image Text:Required Identify whlch of the following Items are added to or subtracted from the unadjusted bank balance to arrive at the true cash balance. Distingulsh the additions from the subtractions by selecting a beslde the Items that are added to the unadjusted bank balance and a - beside those that are subtracted from It The first Item Is recorded as an example. (If the tem Is not added to or subtracted from the adjusted book balance, leave the cell blank.) Bank Balance Reconciling Items Adjusted? Added or Subtracted? Bank service charge No Outstanding checks Deposits in transit Debit memo Credit memo Certified checks Petty cash voucher NSF check from customer Interest revenue
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