1. The CASH account in the Depositors Ledger is an what? (a)asset with debit balance (b) asset with credit balance (c) liability with a debit balance (d) liability with a credit balance 2. Following the completion of the bank rec. and adjusting entry was made that debited cash and redited...

I am in Acct 101 and have a problem concerning bank reconciliations but there is nothing in our entire book that discussed bank reconciliations. I think I can figure most of it out if I know I am pointed in the right direction. Here is my problem: Using the following information, record...

I need help with a homework problem... 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 b. Debit memos c. NSF checks d....

Hi, I am trying to reconcile this company's bank account for homework and I have become very confused. The reconciled balance should be 34,308 and the Credit Notes Rec. should be 9000. I cannot get this and I've started over three times. Maybe someone could help? 1. After all posting is...