Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 35 - No. 41)
Which items are added to the book balance on a bank reconciliation?
Deposits in transit
Bank service charges
Notes collected by the bank
NSF (Non-Sufficient Funds) checks
Explanation
Notes collected by the bank would increase the company's cash balance. Bank service charges, and NSF checks, would be deductions.
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