Identify Which of the Following Reconciling Items Would Require an Adjusting

question 190

Essay

Identify which of the following reconciling items would require an adjusting entry to be made by Farrell Company.
1. Deposits in transit totaled $2,000.
2. A check written to the company for $350 by Harder Company was returned NSF.
3. The bank charged the company $46 for printing checks.
4. Outstanding checks totaled $1,667
5. A debit memorandum reported an EFT of $178 to Paco Utilities

---

Definitions:

Reflex

An automatic, involuntary reaction to a stimulus.

Sensory Neuron

A type of neuron that sends information from sensory receptors towards the central nervous system.

Interneuron

A type of neuron that transmits impulses between other neurons, especially as part of a reflex arc in the central nervous system.

Motor Neuron

A type of neuron that transmits signals from the brain or spinal cord to muscles or glands, enabling movement and action.