For Each of the Items Below,use the Following Letters to Identify

question 48

Short Answer

For each of the items below,use the following letters to identify the correct treatment in a bank reconciliation.
$A=$ Add to balance per bank $\quad$$\quad$$\quad$$\mathrm{C}=$ Add to balance per books
$B=$ Deduct from balance per bank $\quad$$\mathrm{D}=$ Deduct from balance per books
____ 1.Interest income
____ 2.Outstanding checks
____ 3.Check written for $89,but $98 recorded in books
____ 4.Customer's NSF check
____ 5.Note receivable collected by bank
____ 6.Deposit made for $70,but $700 recorded in books
____ 7.Bank check-printing charge
____ 8.Check written for $52,but $25 recorded in books
____ 9.Deposits in transit
____ 10.Bank fee for collection on note receivable

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Definitions:

Teamwork

The process of people actively working together interdependently to accomplish common goals.

Compete

To strive against opponents for the purpose of achieving an objective, such as winning a game, securing a job, or achieving market dominance.

Win-Win Solution

A resolution to a dispute or negotiation that is beneficial to all parties involved.

Substance Goals

Goals in negotiation that are concerned with outcomes.