1) The bookkeeper for MontroseMontrose Company wrote a check for $ 200$200 to pay for furnace maintenance. The check was incorrectly recorded in the general journal as $ 20$20. The entry to correct this error would be:

A.

decrease Cash by $ 200$200.

B.

increase Cash by $ 180$180.

C.

increase Repairs and Maintenance Expense by $ 200$200.

D.

increase Repairs and Maintenance Expense by $ 180$180

2) All of the following items are included on the balance sheet as Cash and Cash Equivalents except

A.

certificates of deposit.

B.

time deposits.

C.

4-week U.S. Treasury bills.

D.

all of the above are included.