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Unformatted text preview: computerized system. 8. D. Documentation procedures are the use of prenumbered checks in disbursing cash. 9. A. The company should debit cash over and short for $3. 10. A. The control features of a bank account do include having bank auditors verify the correctness of the bank balance per books. 11. C. In a bank reconciliation, deposits in transit are added to the bank balance. 12. D. Bank service charges are reconciling items in a bank reconciliation that will result in an adjusting entry by the depositor. 13. C. A customer check dated December 1 is not considered cash on November 30 th . 14. C. Cash is listed first in the current assets section....
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This note was uploaded on 04/06/2011 for the course ACCT 11 taught by Professor Abatemarco during the Spring '11 term at Long Island U..
- Spring '11