Chapter 4 Vocabs Flashcards Preview

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Flashcards in Chapter 4 Vocabs Deck (4)
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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)