Identify Whether Each of the Following Items Would Be (A)

question 5

Essay

Identify whether each of the following items would be (a) added to the book balance (b) deducted from the book balance in a bank reconciliation (c) added to the bank balance or (d) deducted from the bank balance.
1. Deposits in transit
2. Bank service charge
3. Collection of note and interest by bank on company's behalf
4. NSF check
5. Outstanding checks

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Definitions:

Attorney General

The principal legal officer of the state or a country, responsible for representing the government in legal matters and giving legal advice to the government.

Public Nuisance

An act or omission that obstructs, damages, or inconveniences the rights of the community or the general public.

Kyoto Protocol

An international agreement linked to the United Nations Framework Convention on Climate Change that commits its parties by setting internationally binding emission reduction targets.

Greenhouse Gases

Gases in Earth's atmosphere that trap heat, such as carbon dioxide and methane, contributing to global warming and climate change.