8. 2. b C. C. 9 a. b. c. c. 10. A check recorded for the ABC Co.'s cash disbursement journal of $81 was actually written and cashed for $18. In the preparation of a bank reconciliation, the reconciling item would be handled in which of the following ways? Added to the balance per the books, Deducted from the balance per the books. Added to the balance per the bank statement d. Deducted from the balance per the bank statement. Not recognized on either reconciliation The proceeds of a bank loan have not been recorded in the ABC Co.'s cash receipts joumal. In the preparation of a bank reconciliation, the reconciling item would be handled in which of the following ways? Added to the balance per the books Deducted from the balance per the books. Added to the balance per the bank statement d. Deducted from the balance per the bank statement Not recognized on either reconciliation A deposit was in-transit at the time the ABC Co.'s bank reconciliation was prepared. In the preparation of a bank reconciliation, the reconciling item would be handled in which of the following ways? Added to the balance per the books. b. Deducted from the balance per the books. Added to the balance per the bank statement. Deducted from the balance per the bank statement. Not recognized on either reconciliation A customer's check is returned by the bank to the ABC Co, because the customer did not have sufficient funds to pay it. In the preparation of a bank reconciliation, the reconciling item would be handled in which of the following ways? Added to the balance per the books. Deducted from the balance per the books. Added to the balance per the bank statement. d. Deducted from the balance per the bank statement. I . The amounts withheld from an employee's gross earings are recorded by the employer as Current liabilities. Current assets. Payroll taxes expense. Contra-asset accounts None of the above. c. d. c 11. a b. c. c. 12 b. C. d c , 0 2 of 5