250 500 7. The journal entry for the above bank reconciliation would be: a. Cash 250 Notes Receivable Accounts Receivable - 1. M. Broke b. Deposit in transit 750 Outstanding checks 500 Cash 250 C. Cash 250 Outstanding checks 500 Deposit in transit 750 d. Accounts Receivable - 1. M. Broke Notes Receivable 250 Cash 250 500 e. none of the above 5. A company purchases 1,500 shares of its $25 par value stock at $35 per share. It then reissues 500 shares at $40 per share. The entry upon reissue of the stock would include a credit to a. Cash for $2,500. b. Paid-in Capital from Treasury Stock for $2,500. c. Retained Earnings for $2,500. d Treasury Stock for $2,500. none of the above e