Chapter 4 Vocabs Flashcards
1
Q
What is the bank side of reconciliation?
A
- Deposit in transit
- Checks outstanding
- Bank Errors
2
Q
-Deposit in transit
-Checks outstanding
-Bank Errors
Are apart of what side of recon?
A
Bank Side
3
Q
What is the book side of reconciliation?
A
- Service charge
- interest earned
- cash collection from company’s customer
- NSF check
- Electronic funds transfer
- Cost of printed checks
- Book Errors
4
Q
-Service charge
-interest earned
-cash collection from company’s customer
-NSF check
-Electronic funds transfer
-Cost of printed checks
-Book Errors
Are apart of what recon?
A
Book Side (company)
