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A bank statement provided by the bank includes: Multiple Choice A list of outstanding checks. A list of petty cash amounts. The beginning and
A bank statement provided by the bank includes: Multiple Choice A list of outstanding checks. A list of petty cash amounts. The beginning and the ending balance of the depositor's account. A listing of deposits in transit. < Prev 11 of 50 MacBook Air No An Income statement account that is used to record cash overages and cash shortages arising from petty cash transactions or from errors in making change is titled: Multiple Choice O O Cash Lost. Bank Reconciliation. Petty Cash. Cash Over and Short. < Prev 12 of 50 MacBook Air Net > W P The Cash Over and Short account: 2 Multiple Choice W F2 Is used when the cash account reports a credit balance. Is used to record the income effects of errors in making change and/or processing petty cash transactions. Is not necessary in a computerized accounting system. Can never have a debit balance. 20 # 3 E F3 S4 000 000 $ F4 % 5 2 R T < Prev MacBook Air < 6 13 of 50 EE D F6 Y & 7 F7 U Net > 8 11 O 0 w Basic bank services do not include: Multiple Choice Bank accounts. Bank deposits. Checking. Electronic funds transfer. < Prev 14 of 50 MacBook Air www. MEE www. Outstanding checks refer to checks that have been: Multiple Choice @ F2 Written, recorded, sent to payees, and received and paid by the bank. Written and not yet recorded in the company books. Held as blank checks. Written, recorded on the company books, sent to the payee, but not yet paid by the bank. 20 F3 000 F4 < Prev 15 of 50 MacBook Air 44 F7 Net > FB
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