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Directions. Read each sentence carefully and determine whether the statement is True or False.
1. Deposit in transit is a reconciling item added to the unadjusted book balance. 2. Outstanding check is a reconciling item deducted from the unadjusted bank balance.
3. Debit memo is an adjustment to the bank side of the bank reconciliation.
4. Bank service charge is a reconciling item deducted from the unadjusted book balance.
5. Adjusting journal entries are prepared based on the reconciling items on the bank side of the bank reconciliation.​

Directions Read Each Sentence Carefully And Determine Whether The Statement Is True Or False1 Deposit In Transit Is A Reconciling Item Added To The Unadjusted B class=

Sagot :

Cmamar136531170272idn

Answer:1.true

2.false

3.true

4.true

5.false

Sana makatulong pero I correct nyo nalanb yung mali

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