1.On November 1, 20X1, a small business created a $200 imprest petty cash fund for day-to-day office needs. At the end of November, $37.30 remained in the petty cash fund. Also, receipts for expenses paid using petty cash totaled $162.70 and included the following items: $57.20 for take out pizza for a late night at office; $105.50 for train fare to attend meetings with clients. On November 30, 20X1, the fund was reimbursed for November's expenditures. Prepare entries for November 20X1 relative to the imprest petty cash fund. Note: Accounts that may be used include Miscellaneous Office Expenses and Travel Expenses.

2.Label each of the above eight items as one of the following four choices: (A) Additions to the bank balance; (B) Deductions from the bank balance; (C) Additions to the book balance per the depositor's records; or (D) Deductions from the book balance per the depositor's records.

1. Deposit in transit.

2. Collection of note receivable by bank.

3.Bank's recording of a cash receipt that did not belong to Davis Co.

4.Book recording of a check in the general ledger for $10,000 for an equipment purchase

for which the actual check amount and purchase price was $1,000.

5.Outstanding checks.

6.A debit memorandum from the bank for an NSF check received from a customer.

7.A credit memorandum indicating interest was credited to Davis Co.'s account.

8. Bank service charges.