Bank Reconciliation--Classification
Indicate How the Following Items Would Be Treated

question 5

Essay

Bank reconciliation--classification
Indicate how the following items would be treated in Aladdin's Limited's bank reconciliation. Choose from the following answers:
(a.) Deducted from the balance per accounting records.
(b.) Added to balance per accounting records.
(c.) Deducted from balance per bank statement.
(d.) Added to balance per bank statement.
$\begin{array}{|l|l|l|}\hline \_\_\_\_&\text { 1. } & \begin{array}{l}\text { Btems } \\\text { Limited }\end{array} \\\hline \_\_\_\_&\text { 2. } & \text { Deposits in transit at the end of the month. } \\\hline \_\_\_\_&\text { 3. } & \begin{array}{l}\text { A deposit of } \$ 4,364.21 \text { recorded in the accounting records as } \\\$ 4,346.21\end{array} \\\hline \_\_\_\_&4 . & \begin{array}{l}\text { Collection of rent from one of Aladdin's tenants who makes payment } \\\text { directly to the bank. }\end{array} \\\hline \_\_\_\_&5 . & \text { Interest earned on the average balance during the month. } \\\hline \_\_\_\_&6 . & \text { Checks outstanding at the end of the month. } \\\hline \_\_\_\_&\text { 7. } & \text { Customer checks deposited in the bank but retumed as NSF. } \\\hline \_\_\_\_&\text { 8. } & \begin{array}{l}\text { Check No. } 153 \text {, which was written in the amount of } \$ 475 \text { but }\\\text { recorded by the bank as } \$ 745 \text {. }\end{array} \\\hline\end{array}$

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