2. Which of the following does not affect the bank statement? Answer 1. Credit memo 2. Debit memo 3. Overdraft 4. Electronic transactions 5. Endorsements 3. Which of the following does not explain the differences between the bank statement balance and the customer's cash balance? Answer 1. Deposit in transit 2. Canceled checks 3. An NSF check 4. Errors 5. Interest income 6. When the Petty Cash account is replenished at the end of the month, the journal entry includes which of the following? Answer 1. Debit to Cash 2. Debit to Petty Cash 3. Credit to Cash 4. Credit to an Expense Account 5. Credit to a Revenue Account 7. The entry to establish the Change Fund includes which of the following? Answer 1. Debit to Cash 2. Debit to Change Fund 3. Credit to Change Fund 4. Debit to Petty Cash 5. Credit to Petty Cash 8. The Cash Short and Over account covers both shortages and overages that occur in a business. What is the correct entry to record a shortage in the Cash Short and Over account? Where will the account appear on the income statement? Answer 1. DR Cash Short and Over; Expense 2. CR Cash Short and Over; Income 3. PR Cash Short and Over; Income 4. CR Cash Short and Over; Expense 5. None of the above; the Cash Short and Over account appears on the balance sheet