Required Identify whlch of the following Items are added to or subtracted from the unadjusted book 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 book 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.) Book Balance Adjusted? Added or Subtracted? Reconciling Items Credit memo Yes Interest revenue Deposits in transit Debit memo Service charge Charge for printing new checks NSF check from customer Note receivable collected by the bank Outstanding checks

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Required
Identify whlch of the followlng Items are added to or subtracted from the unadjusted book 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 book 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.)
Book Balance
Adjusted?
Added or
Reconciling Items
Subtracted?
Credit memo
Yes
Interest revenue
Deposits in transit
Debit memo
Service charge
Charge for printing new checks
NSF check from customer
Note receivable collected by the bank
Outstanding checks
Transcribed Image Text:Required Identify whlch of the followlng Items are added to or subtracted from the unadjusted book 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 book 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.) Book Balance Adjusted? Added or Reconciling Items Subtracted? Credit memo Yes Interest revenue Deposits in transit Debit memo Service charge Charge for printing new checks NSF check from customer Note receivable collected by the bank Outstanding checks
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