The Following Are Examples of Items That Appear on a Bank

question 42

Short Answer

The following are examples of items that appear on a bank reconciliation.Classify each item as (a)an addition to the bank balance, (b)a subtraction from the bank balance, (c)an addition to the book balance,or (d)a subtraction from the book balance.
1.NSF check
2.Deposits in transit
3.Interest revenue on checking account
4.Bank error - the bank credited the company's account for a deposit made by another customer
5.EFT rent collection
6.Service charge
7.Book error - the company credited cash for $100 when the correct amount was $1,000
8.Outstanding checks
9.Bank collection of a note receivable on behalf of the company

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Definitions:

Latent Content

The hidden psychological meaning of a dream, as opposed to what the dream actually depicts.

Person-Centered Therapy

A counseling approach emphasizing the client's capacity for self-direction and understanding of their own environment.

Psychodynamic

A psychological theory or perspective that emphasizes unconscious psychological processes (for example, wishes and fears of which we're not fully aware), and contends that childhood experiences are crucial in shaping adult personality.

Manifest Content

In psychoanalytic theory, the explicit, literal content of a dream, as remembered by the dreamer.