Which of the following items would be added to the balance per bank statement on a bank reconciliation?
A)Outstanding checks
B)Deposit in transit
C)Service charge assessed by the bank
D)Interest collected by the bank on a customer note

Question

Quizplus · Accepted Answer

The balance per bank statement needs to be adjusted for deposits in transit. Outstanding checks, service charges assessed by the bank, and interest collected by the bank on a customer note would be deducted from the balance per bank statement to reconcile to the correct balance.

Which of the Following Items Would Be Added to the Balance