ACC 225
Axia College of University of Phoenix (UoP)
Financial Accounting
Larson, K. D., Wild, J. J., & Chiappetta B. (2005). Fundamental accounting principles (17th ed.)
ACC 225 Solution
Help in ACC 225
Quick Study Questions 8-6 (QS 8-6) 1. For each of the following items, indicate whether its amount (i) affects the bank or book side of a bank reconciliation and (ii) represents an addition or a subtraction in a bank reconciliation:
a. Outstanding checks d. Unrecorded deposits g. Bank service charges
b. Debit memos e. Interest on cash balance
c. NSF checks f. Credit memos
2. Which of the items in part 1 require an adjusting journal entry?
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