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During the month of July, Clanton Industries issued a check in the amount of $745 to a supplier on account. The check did not clear

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During the month of July, Clanton Industries issued a check in the amount of $745 to a supplier on account. The check did not clear the bank during July. in preparing the July 31 bank reconciliation, the company should: Multiple Choice Deduct the check amount from the bank balance. Make a joumal entry in the company reconds for an error. Add the check amoumt to the bank balance. Deduct the check amount from the book balance of cash. Add the check amount to the book balance of cath. A company recelves a 10\%, 90-day note for $2,700. The total interest due on the maturity date is: (Use 360 days a yeat.) Muriple Choice $135.00 $15750 $27000 $5750 50000

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