Business, 23.04.2020 22:58 jackphilander2285

Identify the factors that cause the bank statement balance to differ from the depositor's book balance by matching each to its definition on the right.

A) Outstanding check
B) Deposit in transit
C) NSF check
D) Bank charges
E) Service fees
F) A check
G) Deposit
H) A check

1. Outstanding check drop zone empty.
2. Deposit in transit drop zone empty.
3. NSF check drop zone empty.
4. Bank charges drop zone empty.
5. Charged by the bank.
6. Written by the depositor that has not yet been received by the bank for payment.
7. Made and recorded by the depositor, but not yet recorded on the bank statement.
8. Written by a customer who does not have enough money in his account to cover the check.

Answers: 3

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Identify the factors that cause the bank statement balance to differ from the depositor's book balan...