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

question 34

Essay

Identify whether each of the following items would be (a) added to the book balance, or (b) deducted from the book balance in a bank reconciliation.
1. EFT transfer to a supplier
2. Bank service charge
3. Check printing charge
4. Error recording check # 214 which was written for $230 but recorded for $320
5. Collection of note and interest by bank on company's behalf

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