The following items may appear on a bank statement: 1.NSF check
2.EFT deposit
3.Service charge
4.Bank correction of an error from recording a $300 deposit as $30.
Indicate whether the item would appear as debit or credit memo on the bank statement and whether the item would increase or decrease the balance of your account. Use the following format:
Correct Answer:
Verified
Q133: Match each item to a bank statement
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Q136: bank service charge
A)added to the company's books
B)subtracted
Q137: interest revenue earned by the note above
A)added
Q138: Match each item to a bank statement
Q139: outstanding checks
A)added to the company's books
B)subtracted from
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Q144: Two features of internal control are presented
Q145: The actual cash received during the
Q146: Consider the following journal entry made by
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