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:

MEO

Medium Earth Orbit, a type of orbit for satellites that is located approximately 2,000-35,786 kilometers above the Earth's surface.

GEO

An abbreviation for Geostationary Orbit, a circular orbit 35,786 kilometers above the Earth's equator and following the direction of the Earth's rotation.

LEO

Low Earth Orbit, a satellite system orbiting relatively close to Earth, often used for telecommunications, military, and observation purposes.

Footprint

In a technological context, the term often refers to the amount of space occupied by a device, or the environmental impact of producing and disposing of it.