Question

 Table 4-1

 Use the following code letters to indicate where the items described in questions 6 - 9 would

 appear on the March bank reconciliation for the Labb Company.

 A. Add to the bank statement balance

 B. Deduct from the bank statement balance

 C. Add to the book balance

 D. Deduct from the book balance

 E. Does not appear on the bank reconciliation

 6. Refer to Table 4-1. An NSF check from a customer for $500 appears on the March bank statement.

 7. Refer to Table 4-1. The March bank statement reports $25 of interest earned.

 ৪. Refer to Table 4-1. Deposits in transit total $5,640.

 9. Refer to Table 4-1. Outstanding checks amount to $3,075 as of the end of March.

Answer 1

6	D	Deduct from the book balance
7	C	Add to the book balance
8	A	Add to the bank statement balance
9	B	Deduct from the bank statement balance