Question : 105. The amount of cash to be reported the balance sheet : 1227206

105. The amount of cash to be reported on the balance sheet at June 30 is the  A. total of the cash column in the cash receipts journal as of June 30B. adjusted balance appearing in the bank reconciliation for June 30C. total of the cash column in the cash payments journal as of June 30D. balance as of June 30 on the bank statement

106. Which of the following would be deducted from the balance per books on a bank reconciliation? A. Service chargesB. Outstanding checksC. Deposits in transitD. Notes collected by the bank

107. Which of the following would be added to the balance per books on a bank reconciliation? A. Service chargesB. Outstanding checksC. Deposits in transitD. Notes collected by the bank

108. Which of the following would be subtracted from the balance per books on a bank reconciliation? A. Outstanding checksB. Deposits in transitC. Notes collected by the bankD. Service charges

109. Which of the following would be subtracted from the balance per bank on a bank reconciliation? A. Outstanding checksB. Deposits in transitC. Notes collected by the bankD. Service charges

110. A bank reconciliation should be prepared A. whenever the bank refuses to lend the company money.B. to explain any difference between the company’s balance per books with the balance per bank.C. when an employee is suspected of fraud.D. by the person who is authorized to sign checks.

111. Harris Company had checks outstanding totaling $15,400 on its May bank reconciliation. In June, Harris Company issued checks totaling $64,900. The June bank statement shows that $37,600 in checks cleared the bank in June. A check from one of Harris Company’s customers in the amount of $300 was also returned marked “NSF.” The amount of outstanding checks on Harris Company’s June bank reconciliation should be A. $49,500.B. $53,000.C. $37,600.D. $42,700.

112. Meredith Company gathered the following reconciling information in preparing its May bank reconciliation: 

Cash balance per books, 5/31

$2,500

Deposits in transit

150

Notes receivable and interest collected by bank

650

Bank charge for check printing

40

Outstanding checks

1,800

NSF check

140

The adjusted cash balance per books on May 31 is A. $2,970.B. $3,120.C. $5,280.D. $1,320.

113. Derek Company gathered the following reconciling information in preparing its September bank reconciliation: 

Cash balance per books, 9/30

$2,750

Deposits in transit

200

Notes receivable and interest collected by bank

630

Bank charge for check printing

30

Outstanding checks

1,250

NSF check

190

The adjusted cash balance per books on September 30 is A. $5,050.B. $2,110.C. $3,160.D. $1,910.

114. Jamison Company developed the following reconciling information in preparing its June bank reconciliation: 

Cash balance per bank, 6/30

$13,000

Note receivable collected by bank

4,000

Outstanding checks

7,000

Deposits-in-transit

2,500

Bank service charge

35

NSF check

1,900

Using the above information, determine the cash balance per books (before adjustments) for the Jamison Company. A. $8,065B. $10,565C. $15,065D. $6,435