Using the Code Letters Below, Indicate How Each of the Items

question 142

Essay

Using the code letters below, indicate how each of the items listed would be handled in preparing a bank reconciliation. Enter the appropriate code letter in the space to the left of each item.
Code
A Add to cash balance per books
B Deduct from cash balance per books
C Add to cash balance per bank
D Deduct from cash balance per bank
E Does not affect the bank reconciliation
Items:
1. Outstanding checks.
2. Bank service charge.
3. Check for $320 correctly written and paid by the bank but incorrectly entered in the cash payments journal for $230.
4. Deposit in transit.
5. Bank returns deposited check marked NSF.
6. Bank collects notes receivable and interest for depositor.
7. Bank debit memorandum for check printing fees.
8. Petty cash custodian has $86 in paid petty cash vouchers that have not been reimbursed.
9. Bank charged a check against the company which should have been charged to another company.
10. A check for $236 was correctly paid by the bank but was incorrectly entered in the cash payments journal for $263.

Understand the impact of aging on sensory perception.

Grasp the concept of sensory adaptation and how it affects perception.

Explain the structure and function of the inner and middle ear and its relevance to hearing.

Understand the pathology behind common sensory disorders like glaucoma.

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Definitions:

Exclusive Good

A product or service that is only available to a specific group of consumers or requires special access, often characterized by high quality and price.

Negative Externality

A cost that affects a party who did not choose to incur that cost, often associated with environmental pollution.

Noxious Odors

Unpleasant or harmful smells that can cause discomfort or health issues.

External Costs

Costs resulting from an economic activity that affects third parties who did not choose to incur that cost.