Problem

Adjustments to the balance per bankRequired  Bank Balance Adjusted?Added or Subt...

Adjustments to the balance per bank

Required

 

Bank Balance Adjusted?

Added or Subtracted?

Reconciling Items

Yes

+

Deposits in transit

 

 

Debit memo

 

 

Credit memo

 

 

Certified checks

 

 

Petty cash voucher

 

 

NSF check from customer

 

 

Interest revenue

 

 

Bank service charge

 

 

Outstanding checks

 

 

Identify which of the following items are added to or subtracted from the unadjusted bank balance to arrive at the true cash balance. Distinguish the additions from the subtractions by placing a + beside the items that are added to the unadjusted bank balance and a - beside those that are subtracted from it. The first item is recorded as an example.

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