general ledger) Subtraction from the balance per books QUESTION 33 The following information pertains to Simms' Company's April bank reconciliation 53.550 Balance per bank statement $4,200 Balance per Simms general ledger $ 300 Bank draft for April utilities $ 100 Checks returned for insufficient funds $1,400 Monthly note payment collected by the bank for Simms 5700 Total deposits in transit $ 400 Checks written by the company but not processed by the bank Simms mistakenly recorded a $200 deposit from a credit customer as a $2.000 debit to cash and credit to accounts receivable. (Oopsh) A check correctly recorded by Simms as a $500 disbursement was incorrectly processed by the bank as a $50 disbursement. How should the insufficient funds check be treated on the bank reconciliation? Addition to the balance per bank Subtraction from the balance per bank Addition to the balance per books (general ledger) Subtraction from the balance per books Click Save and Submit to save and submit. Click Save All Answers to save all answers