Question 34 2 2 pts how should unrecorded bank

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Question 342 / 2 ptsHow should unrecorded bank services charges be treated on the bank reconciliation?Correct!deducted from the cash balance per books.added to the cash balance per books.added to the cash balance per bank.deducted from the cash balance per bank.
Question 352 / 2 pts
A company recorded in their books and made a deposit at the bank on November 30.However, this deposit did not appear on the bank statement dated November 30. Whenpreparing the November 30 bank reconciliation, the deposit should be:
Question 362 / 2 ptsA company wrote a check for $558 which was also paid by the bank correctly. However,when recording this check in the company’s accounting records it was entered as $588.How should this error be reflected on the bank reconciliation?
Question 372 / 2 pts
When preparing the bank reconciliation for Mac’s Flower Shoppe, the following itemswere noted by the accountant on the bank statement for June: Deposits in transit$1,430; Outstanding checks $580; Bank service charges $76; and a NSF checkreturned by the bank $200. What is the adjusted cash balance per the books if theaccounting records initially showed a balance of $2,100 on June 30?
Question 382 / 2 ptsWhich of the following reconciling items on the bank reconciliation doesnotrequire ajournal entry?Correct!outstanding checks.bank service charges.interest received from the bank.NSF checks returned by the bank.
Question 39
2 / 2 ptsOutstanding checks on the bank reconciliation are a result of which of the following?
Question 402 / 2 ptsWhen preparing the bank reconciliation for the current month, the accountant noted aNSF check on the bank statement for $65 for a check received from a customer payingon his account. What journal entry is necessary to correctly reflect this in thecompany’s books?Correct!

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Term
Spring
Professor
Logorda
Tags
Accounting, Depreciation, Accountant, Generally Accepted Accounting Principles, credit accounts

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