37) Which of the following would NOT represent good controls over cash receipts? A. Record all cash receipts as soon as possible B. The employee that receives cash and checks should also deposit them in the bank. C. Open mail each day and make a list of checks received with the amount and payer's name. D. Verify cash receipts by comparing the bank deposit slip with the accounting records. 38) When preparing a bank reconcillation, a deposit outstanding would be A. Added to the company's cash balance. B. Added to the bank's cash balance C. Subtracted from the company's cash balance D. Subtracted from the bank's cash balance. 39) Cash transactions recorded by the bank but not yet recorded by the company include all of the following except: A Service fees. B. Interest earned. C. Checks outstanding. D. NSF checks 40) The balance shown in the August bank statement of Colt Company was $23,200. After examining the August bank statement and items included with it, the company's accountant found: Checks outstanding check 140 Note collected by bank for the Colt Company 1,200 1,800 Deposits outstanding Bank service fees What is the amount of cash (book balance) that should be reported in the balance sheet as of August 33? A. $20,700 . $17,200 C$18,700 D. $22,200