Question

A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the item should be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation. (Select the answers in the appropriate cells. Leave no cells blank. Be certain to select "NA" in fields which are not applicable.)

Answer 1

		Bank Balance	Book Balance	Shown or Not Shown on Reconciliation
1	The company hired a new treasurer	NA	NA	NA	Not Shown
2	Check written by another depositor but charged against this company's account.	Added	NA		Shown
3	Bank service charge.	NA	Subtracted	Cr.	Shown
4	NSF check shown on bank statement but not yet recorded by company.	NA	Subtracted	Cr.	Shown
5	Bank fees for check printing are not yet recorded by the company.	NA	Subtracted	Cr.	Shown
6	Interest earned on the account.	NA	Added	Dr.	Shown
7	Checks outstanding on August 31 that cleared the bank in September.	NA	NA		Not Shown
8	Check written but not recorded	NA	Subtracted	Cr.	Shown
9	A note receivable is collected by the bank for the company but not yet recorded by the company.	NA	Added	Dr.	Shown
10	Checks written and mailed to payees on October 2.	NA	NA	NA	Not Shown
11	Checks written and mailed to payees on Sep 30	Subtracted	NA	NA	Shown
12	Deposit made on September 30 after the bank closed.	Added	NA	NA	Shown