Question

reconciliarion, you would: increase the bank balance by $9 increase the book balance by $9 reduce the bank balance by $9 reduce the book balance by $9 rds it as S132. To adjust for this in a bank a. ь. During the bank reconciliation, you notice that the bank deducted $1,321 for check 3201, 7. which was made out for $3,123. What adjustment do you make? Increase the bank balance by $1,802 Reduce the bank balance by $1,802 Increase the book balance by $1,802 Reduce the book balance by $1,802 b. с. d. During the bank reconciliation, you see that the following checks have not cleared: 8. Check Number Amount 2003 $2,300 2,400 2,500 3,300 2004 2005 2006 What adjustment should you make? Increase the book balance by $10,500 b. а. Reduce the book balance by $10,500 Increase the bank balance by $10,500 Reduce the bank balance by $10,500 с. d. The bank statement balance of $7,850 does not include $1,200 in checks outstanding and S deposits in transit. When the bank balance is adjusted, it will be: 9. $7,850 b. а. $7,415 $7,400 d. с. $7,385 0. The following checks were outstanding when you did last month's bank reconciliation and remain outstanding this month: Check number Amount 3452 $1,000 1,500 2,000 3454 3455 What adjustment should you make this month? Increase the bank balance by $4,500 a. Reduce the bank balance by $4,500 b. Increase the book balance by $4,500 с. Reduce the book balance by $4,500 d.

Answer 1

Answer 7

Bank deducted less by ( 3123 - 1321 ) $ 1802

So, we will reduce the bank balance by $ 1802

Option B is correct.

Answer 8

These are the outstanding checks so, we will

reduce the bank balance by $ 10500

Option D is correct.

Answer 9

The question had got cut while posting

Answer 10

Option B is correct.