Homework: Chapter 7 Score: 0 of 5 pts S7-8 (book/static) 1 of 5 to complete) For

Question

Homework: Chapter 7 Score: 0 of 5 pts S7-8 (book/static) 1 of 5 to complete) For each timing difference isted, identify whether the diierence would be repurted on the book side of the reconciliation or the bank side of the reconcliation. In addition, iden whether the difference would be an addition or subtraction Tming dlferenca affacted subtraction? a. Deposit in transit b. Bank collection c. Debit memorandum from bank d. EFT cash receipt e. Outstanding checks f. $1,000 deposit ermoneously recorded by the bank as $100 g. Service charges h. Intarest revenua 2,500 cash payment for rent expense erroneously recorded by the business os S250 Credit memorandum from bank

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Timing Difference Is Book or Bank Effected Is is an addition or substraction a. Bank Addition b. Book Addition c. Book Substraction d. Book Addition e. Bank Substraction f. Bank Addition g. Book Substraction h. Book Addition i. Book Substraction j. Book Addition

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