A $250 bank deposit made on the last day of the month did not appear on this month's bank statement. How would this item be treated on the bank reconciliation?
It would be deducted from the book balance.
It would be added to the bank balance.
It would be deducted from the bank balance.
It would be added to the book balance.
2. Which of the following bank reconciliation items would not result in a journal entry?
Service charge
Outstanding checks
A customer's check returned NSF
Interest earned on deposits