39 In preparing a bank reconciliation, if a deposit was made too late to be included in a bank statement, how should we treat it? OA. It should be deducted from the Accounting records. OB. It should be added to the bank statements. OC. It should be deducted from the bank statements. OD. It should be added to the Accounting records. QUESTION 40 When a company receives a utility bill, how should this transaction be reported or written in General Journal? O A. Account receivable debited, and cash credited. OB. A/P debited, and utilities expense credited OC. Utilities expenses debited, and cash credited. OD. Utilities expense debited, and account payable credited QUESTION 41 Which of the following accounts does not depreciate? OA. Trucks OB. Building OC. Machinery O D. Land QUESTION 42 In preparing a trial balance, which of the following accounts usually have debit balance? OA. Accounts receivable and cash O B. Accounts payable and unearned revenue OC. Bonds payable and accounts payable OD. Common stock and accounts payable