Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

FAR CPA Custom > Bank Recs > Flashcards

Bank Recs Flashcards

1
Q

Bank Balance =

A

Add: Deposits in transit, cash on hand
Subtract: Outstanding checks, +/- errors made by bank

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Book Balance =

A

Add: Interest Earned, Note Collected
Subtract: Service charges, NSF funds, +/- in firms errors

How well did you know this?
1
Not at all
2
3
4
5
Perfectly

FAR CPA Custom (46 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions