Wednesday
April 1, 2015

Homework Help: accounting

Posted by Anonymous on Wednesday, February 25, 2009 at 10:11pm.

Can anyone let me know if I have these correct and if not what am I doing wrong.
1. For each of the following items, indicate whether its amount (i) affects the bank or book side of
a bank reconciliation and (ii) represents an addition or a subtraction in a bank reconciliation:

a. Outstanding checks d. Unrecorded deposits g. Bank service charges
b. Debit memos e. Interest on cash balance
c. NSF checks f. Credit memos
2. Which of the items in part 1 require an adjusting journal entry?


a) Bank , -
b) Books, -
c) Books, -
d) Bank, +
e) Books, +
f) Books, +
g) Books, -
2) All those that affect book

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

accounting - Can anyone let me know if I have these correct and if not what am I...
acc - Can anyone let me know if I have these correct and if not what am I doing ...
accounting - indicate whether the following items in a bank reconciliation ...
accounting - indicate whether the following items in a bank reconciliation ...
accounting srajmcgain - indicate whether the following items in a bank ...
I need help answering this Accounting question!? - While preparing the April ...
I need help answering this Accounting question!? - Bluejay Corp. prepared a bank...
Financial Accounting - 1. Post the following transactions of a ...
Accounting - The company borrowed 85,000 from eastern Bank and the questions are...
Accounting - Impact of a Transaction The company borrowed $85,000 in cash from ...

Members