IV. Direction: Determine if the bank transaction is to be shown on the debit side or credit side of bank statement. Write DEBIT or CREDIT on the blank before the number. __________1. NSF check. __________2. Interest on depositor’s account. __________3. Cancelled check. __________4. Deposits made by depositor. __________5. Check booklet fee. __________6. Payment made by debtor to the account of depositor. __________7. Notes collected by bank for the account of depositor. __________8. Bank service charge. __________9. Check from customer honored by bank. _________10. Check issued by depositor honored by bank
IV. Direction: Determine if the bank transaction is to be shown on the debit side or credit side of bank statement. Write DEBIT or CREDIT on the blank before the number. __________1. NSF check. __________2. Interest on depositor’s account. __________3. Cancelled check. __________4. Deposits made by depositor. __________5. Check booklet fee. __________6. Payment made by debtor to the account of depositor. __________7. Notes collected by bank for the account of depositor. __________8. Bank service charge. __________9. Check from customer honored by bank. _________10. Check issued by depositor honored by bank
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter7: Accounting For Cash
Section: Chapter Questions
Problem 1CE: Match the following words with their definitions by entering the correct number in the spaces below....
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Question
IV. Direction: Determine if the bank transaction is to be shown on the debit side or credit side of bank
statement. Write DEBIT or CREDIT on the blank before the number.
__________1. NSF check.
__________2. Interest on depositor’s account.
__________3. Cancelled check.
__________4. Deposits made by depositor.
__________5. Check booklet fee.
__________6. Payment made by debtor to the account of depositor.
__________7. Notes collected by bank for the account of depositor.
__________8. Bank service charge.
__________9. Check from customer honored by bank.
_________10. Check issued by depositor honored by bank
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