42. The useful life ofa plant asset is The length of time it is prode B Never related ud not to exceed one year C Its D De by the FASB tively used in a company's operations. NOW YOUR WORK FOR PARTIAL CREDIT. THIS SECTION WORTH 20 PTS (10 EA 43 Preparing a bank reconciliation- Hardy Photography's checkbook lists the following: Check Deposit Balance S 500 Item Check No. Date Nov. 1 Quick Mailing S 45 622 455 $ 135 Service Revenue 590 Photo Supplies 13 623 505 45 460 14 624 Utilities 410 625 Cash 50 18 Office Supplies 300 626 110 26 Upstate Realty Co 290 10 627 28 1,235 $1,245 Service Revenue 30 Hardy's November bank statement shows the following $ 500 Balance 135 Deposits Amount Checks: 45 85 623 (285) 50 Other charges: Printed checks (48) $ 302 charge Balance This is the correct amount for check number 624 Requirements 1. Prepare Hardy Photography's bank reconciliation at November 30, 2018. 2. How much cash does Hardy actually have on November 30, 2018? 3. Journalize any transactions required from the bank reconciliation. Version 2 5