Accompanying the bank statement was a credit memo for a short-term note collected by the bank for

the company. This item is a(n)

addition to the balance per company's records

Receipts from cash sales of $7,500 were recorded incorrectly in the cash receipts journal as $5,700. This
item would be included on the bank reconciliation as a(n)

addition to the balance per company's records

The cash account in the company's ledger is a(n)

asset with a debit balance

The debit balance in Cash Short and Over at the end of an accounting period is reported as

expense on the income statement

The amount of cash to be reported on the balance sheet at June 30 is the

adjusted balance appearing on the bank reconciliation for June 30

Following the completion of the bank reconciliation, an adjusting entry was made that debited cash and
credited Interest Revenue. Therefore the bank reconciliation must have included an item that was

added to balance per company's records

Accompanying the bank statement was a debit memo for an NSF check received from a customer. What
entry is required in the company's accounts?

debit accounts receivable, credit cash

Which of the following would be subtracted from the balance per bank on a bank reconciliation?

outstanding checks

The bank reconciliation is

part of the internal control system

Receipts from cash sales of $7,500 were recorded incorrectly in the cash receipts journal as $5,700.
What entry is required in the company's accounts?

debit cash, credit sales