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Business, 04.08.2020 14:01 elishaheart21

Horton Corporation is preparing a bank reconciliation and has identified the following potential reconciling items. Indicate how each would be reported on a bank reconciliation. a. Deposit in transit $5,500. b. Bank service charges $25. c. Interest credited to Horton’s account $31. d. Outstanding checks $7,422. e. NSF check returned $377.

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