36) Identify each of the following reconciling items in the bank reconciliation process as being a reconciling item either on the bank’s side (Bank) or on the company’s side (Book) of the bank reconciliation.
_____ 1. A bank fee for printing new checks
_____ 2. Team Shirts correctly deposited a check for $882. The bank recorded the check as $828.
_____ 3. Outstanding checks
_____ 4. Deposits in transit
_____ 5. Team Shirts deposited a check that it had recorded as $89.00. The bank correctly recorded the check as $98.
37) Identify each of the following reconciling items in the bank reconciliation process as being a reconciling item either on the bank’s side (Bank) or on the company’s side (Book) of the bank reconciliation.
_____ 1. NSF check
_____ 2. Bank service charges
_____ 3. Interest earned on the checking account
_____ 4. Outstanding checks
_____ 5. Deposits in transit