(Answered) Identify each of the following reconciling items as a an

Finance

Identify each of the following reconciling items as: (a) an addition to the cash balance according to the bank statement, (b) a deduction from the cash balance according to the bank statement, (c) an addition to the cash balance according to the company's records, or (d) a deduction from the cash balance according to the company's records. (None of the transactions reported by bank debit and credit memos have been recorded by the company.)

Bank service charges, $36.
Check drawn by company for $375 but incorrectly recorded by company as $735.
Check for $50 incorrectly charged by bank as $500.
Check of a customer returned by bank to company because of insufficient funds, $1,200.
Deposit in transit, $12,375.
Outstanding checks, $14,770.
Note collected by bank, $10,600.

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