1.When preparing a bank reconciliation what would cause the bank statement balance to be less than the adjusted cash balance in the general ledger? (Assume the bank is not in overdraft.)Select one: a. Outstanding deposits. b. Dishonoured cheques. c. Direct withdrawal from the bank account. d. Outstanding cheques. e. Bank fees. 2.What are the two main reasons why the preparation of financial statements from the unadjusted trial balance is not desirable: (a) Some revenue and expense items have not yet been recorded, (b) The accounts in the general ledger would not be balanced correctly, (c) Some transactions already recorded affect more than one reporting period, (d) The reports would not take into account detail contained in the subsidiary ledger, (e) It would not be possible to prepare financial reports from the unadjusted trial balance: Select one: a. (b) & (d). b. (c) & (d). c. (a) & (e). d. (b) & (e). e. (a) & (c)