For which of the following emrors should the appropriate amount be added to the balance as per bank statement on a bank reconciliation? a. Cheque for $92 recorded by the company as $29. b. A returned $300 cheque recorded by bank as $30. c. Cheque for $57 recorded by the company as $75. d. Deposit of $270 recorded by the bank as $27. QUESTION 17 For which of the following emrors should the appropriate amount be deducted from the cash balance per company records on a bank reconciliation? a. Interest credited on the last day of the month to the bank account of $12 which has not yet been recorded in the company's books. b. A cheque issued for $37 recorded as $73 in the cash balance per company records. c. A cheque received correctly processed by the bank for $84, recorded in the cash at bank account as $48. - d. A cheque deposited earlier in the month for $250 which is dishonoured by the bank on the last day of the month. QUESTION 18 The average collection period (rounded to the nearest day) for Darry's Deals was: a. 30 days b. 35 days c. 12 days d. 10 days QUESTION 19 Which of the following is not a suggested procedure to establish intemal control over cash disbursements? a. Cancelling or marking as paid, supporting documents after payment combined with restricted access to original invoices. b. Different individuals prepare and upload EFT payments to those who approve the EFT payments. c. The bank statement is reconciled weekly, if not daily. d. The accounts payable clerk preparing, uploading and authorising EFTs. QUESTION 20 A cheque for electricity of $840 is incorrectly recorded in the books as $480. The journal entry to be made is: DR Electricity expense $360; CR Cash at bank $360. DR Accounts payable $360; CR Cash at bank $360. DR Cash $360; CR Accounts payable $360. DR Cash $360; CR Electricity expense $360