A business is preparing its monthly bank reconciliation based on the following: Cash per books, December 31, $3,500; Deposits in transit, $150; EFT collections by bank, $850; Bank charges, $20; Outstanding cheques, $2,000; and NSF cheque, $170. The adjusted cash balance per books on December 31 is: $2,460 $4,010 $2,310 $4,160 A bookkeeper accidentally recorded a $425 cheque received from a customer on account as $245. The journal entry to correct this error would be: debit Cash, $180; credit Accounts Receivable, $180. debit Accounts Receivable, $180; credit Cash, $180. debit Cash, $425; credit Accounts Receivable, $425. debit Accounts Payable, $180; credit Cash. $180. Which of the following would result in a journal entry after preparing the bank reconciliation? The bank made an error. A $700 company deposit was recorded as $70 on the bank statement. The company deposited $650 at the bank but the deposit wasn't yet recorded in the bank statement. A $250 outstanding cheque was issued by the company but hasn't yet cleared the chequing account. The bank charged a service fee of $75. A business has a petty cash fund of $205. On May 31, the petty cash has $5 remaining and receipts for the following: Office supplies: $50; Miscellaneous expenses: $75; Postage: $20 Pizza hut: $30 . What is the amount credited to cash to replenish the petty cash fund? $200 $195 $190 $175 Before year end adjusting entries, Accounts Receivable had a $215,000 balance. The Allowance for Doubtful Accounts had $5,640 credit balance. Based on % of receivables method, $25,600 of year-end receivables are estimated to be uncollectible. After the year end adjusting entry for bad debt expense, what are the balances in the following accounts? Bad Debt Expense, $19,960 and Allowance for Doubtful Accounts, $19,960 Bad Debt Expense, $25,600 and Allowance for Doubtful Accounts, $25,600 Bad Debt Expense, $25,600 and Allowance for Doubtful Accounts, $31,240 Bad Debt Expense, $19.960 and Allowance for Doubtful Accounts, $25,600