1 If a check correctly written and paid by the bank for $302 is incorrectly recorded in the company's books for $254, how should this error be treated on the bank reconciliation? Multiple Choice Add 548 to the bank's balance Subtract $4B from the bank's balance and add $48 to the book's balance Subtract 548 from the book balance Add 548 to the book balance Subtract $48 from the bank's balance 2 If a check correctly written and paid by the bank for $413 is incorrectly recorded in the company's books for $431, how should this error be treated on the bank reconciliation? Multiple Choice Subtract $8 from the book balance Subtract $18 from the bank's balance Add to the book balance Subtract $18 from the bank's balance and add $45 to the book's balance Add $18 to the bank's balance 3 Assume that the custodian of a $450 petty cash fund has $61.90 In coins and currency plus $383.00 in receipts at the end of the month. The entry to replenish the petty cash fund will include: Multiple Choice A debit to Cash for $38810 O A credit to Cash for $38810 O A debit to Cash for $377.90 O A credit to Cash Over and short for $5.50 A debit to Potty Cash for $38300 4. An analysis that explains differences between the checking account balance according to the depositor's records and the balance reported on the bank statement is an Multiple Choice Bank audit O Trial reconciliation O Bank reconciliation 0 Intemal audit O Analysis of debits and credits A company had $51 missing from petty cash that was not accounted for by petty cash receipts. The correct procedure is to: 5 Multiple Choice Debit Cash for $51 Credit Petty Cash for $51 Credit Cash Over and short for $51 Debit Potty Cash for $51. Debit Cash Over and Short for $51