6. If employees are bonded A) it means that they are not allowed to handle cash. B) they have worked for the company for at least 10 years. C) they have been insured against theft of assets. D) it is impossible for them to steal from the company. 7. Smith Inc, wrote a check to a vendor for $253 but incorrectly recorded the transaction in their journal as $235. On Smith's bank reconciliation the $18 error should be A) deducted from the balance per books. B) added to the balance per bank. C) deducted from the balance per bank. D) added to the balance per books. 8. Outstanding checks should be recorded on the Bank Reconciliation as an) A) Decrease to the Book Balance B) Increase to the Book Balance C) Decrease to the Bank Balance D) Increase to the Bank Balance PROBLEM 9. (10 points) The following information pertains to the bank transactions of Chase Company: a. Cash on the books as of September 30 was $1,200. Cash as shown on the bank statement for the same date was $1,400. b. Deposits in Transit are $630. c. Outstanding checks totaled $370. d. Bank service charges for September amounted to $50. e. The bank collected $610 for Chase Company on a note left for collection. The amount of the note was $600. The other $10 collected was for interest. f. An NSF check for $100 from a customer, Jack Tripper, was returned with the statement. 1. Prepare a bank reconciliation for Crawford Company as of September 30. 2. Prepare any necessary journal entries. OMIT EXPLANATIONS