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1. The cash account shows a balance of $85000 before reconciliation. The bank statement does not include a deposit of $4500 made on the last

1. The cash account shows a balance of $85000 before reconciliation. The bank statement does not include a deposit of $4500 made on the last day of the month. The bank statement shows a collection by the bank of $1900 and a customers check for $600 was returned because it was NSF. A customers check for $850 was recorded on the books as $1050, and a check written for $130 was recorded as $185. The correct balance in the cash account was

What's the difference between A customers check for $850 was recorded on the books as $1050, and a check written for $130 was recorded as $185.?

$86155.
$86900.
$90655.
$86100

2. A customers check for $850 was recorded on the books as $1050, and a check written for $130 was recorded as $185.

A: +36.00 (Why isn't it -36.00)

3. A check for $1000 was erroneously charged by the bank against the account, the correct balance in the bank account at month end is

A: +1,000.00 (Why isn't it -1,000.00)

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