34. A petty cash fund is: a. Used to pay relatively small amounts. b. Only debited when the fund is established or increased. c. Reimbursed when the amount of money in the fund is reduced to predetermined amount. d. All of the above. 35. In preparing a bank reconciliation, the amount of checks outstanding would be: a. Added to the cash balance according to the bank statement. b. Deducted from the cash balance according to the bank statement. c. Added to the cash balance according to the company's records. d. Deducted from the cash balance according to the company's records. a 36. The bank erroneously charged Little Friends Pets' bank account for $900.50 for a check that was correctly written and recorded by Little Friends Pets as $990.50. To reconcile the bank account of Little Friends Pets at the end of the month, you would: a. Add $90 to the cash balance according to the bank statement. b. Add $90 to the cash balance according to Little Friends Pets' records. c. Deduct $90 from the cash balance according to the bank statement. d. Deduct $90 from the cash balance according to Little Friends records 11 37. As manager of a miniature golf course, you are closing up at the end of the day. You see that the cash register reports total sales of $575.00 but when you add the cash in the register, you only find $570.00 in cash. How should you account for the missing $5.00? a Debit account: Golf expense b. Debit account: Sales c. Debit account: Stolen Funds d. Debit account Cash Short and Over E