Accounting Connect Chapter 9

After a multicolumn special journal such as a cash receipts journal is totaled, it should be?

Proved to be sure that the debits and credits in the journal are equal

To arrive at an accurate balance on a bank reconciliation statement, a debit memorandum for a customer check marked NSF should be?

Deducted from the book balance

To record cash purchase of merchandise, you would do what?

Debit Purchases and credit cash

A check issued for $1,980 to pay a vendor on account was recorded in the firm's records as $1,890; the canceled check was properly listed on the bank statement at $1,980. To arrive at an accurate balance on a bank reconciliation statement, the error should be?

Deducted from the book balance

To arrive at an accurate balance on a bank reconciliation statement, deposits in transfer should be?

added to the bank statement balance

To arrive at an accurate balance on a bank reconciliation statement, a service charge should be?

added to the bank statement balance.