The Following Five Items Are Usually Considered to Be Part

question 99

Essay

The following five items are usually considered to be part of the bank reconciliation process:
1. Outstanding cheques
2. Deposits in transit
3. NSF Cheques
4. Bank collection of notes receivable on company's behalf
5. Service charge
Instructions
Classify each item as (1) an addition to the book balance; (2) an addition to the bank balance; (3) a subtraction from the book balance; or (4) a subtraction from the bank balance.

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Definitions:

Shoulder

The region where the arm connects to the torso, encompassing various muscles, joints, and bones.

Joint

A structure in the human or animal body where two parts of the skeleton are fitted together.

Humerus

The long bone in the upper arm or forelimb, extending from the shoulder to the elbow.

Extensor Carpi Ulnaris

A muscle of the forearm that extends and adducts the wrist.